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I have very poor credit because of some embarrassing mistakes I made with credit cards. I am trying to rectify this, but am getting married in the next year to a man with fantastic credit. I make 50...
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There's a chance they will, though in the last meeting they pretty much announced a pause. Yesterday it was announced that consumers are still spending money, that income is up and that construction is up at the corporate level, though inflation is up too. The Feds said they will base their decision on the data they would be gathering and if that is the case then they could rise rates again. If you believe there are experts on this subject then visit bankrate.com where there's a page dedicated to the Fed's rates. I didn't base my answer on this page but it is always good to have other opinions so you can make informed decisions for your investments.
sophieb
the feds will always be raising interest rates...if the question is "will they do it anytime soon" I don't think so...I think it will rest as is for a while.
Shadow
Yes next month.
darpdarp
i dont know about fed, but you already have to pay more for better service, and when new technology comes out, it will b cheaper... well thats the way its supposed to work n e ways.
mykidsRmylife
YES
Reaper King
don't they always?
ShouldBeWorking
There is no announcement of it, for an official way to say but because the fed has raised interest rates more in the past two years than they had in over three decades, I think yes is a safe guess- but only that, a guess.
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