No Doves Here: Fed All In on Higher Rates Photo Credit: ShutterstockLast month’s meeting minutes from the Fed turned out to be a bit of a news bomb. Higher (and Faster) RatesThe shortest answer here is higher interest rates, but we knew that. The Fed is now all in on higher rates and wants to do it quickly. Even as the Fed raised rates in the last meeting, it kept buying bonds in order to push longer-term rates down. Higher rates will also affect other large purchases, including car loans, business equipment, and anything that needs a loan.

Source: Forbes April 08, 2022 00:58 UTC