Fed Votes to Boost Interest Rates
For the first time in nearly a decade, the Federal Reserve has chosen to increase interest rates. This unanimous decision shows the government’s confidence in the economy, signifying that we are finally back on the upswing. If today’s rising stocks offer any indication of how investors are reacting to the news, we’d say they agree.
Our friends at Yahoo have collected important information about today’s decision and offer five key takeaways from the interest rate hike. Read this article to learn more about today’s policy changes and what they mean.