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Fed Interest Rate Hike Hurts Women, African-Americans, Latinos And Low-Income People

Federal Reserve Board Chair Janet Yellen announced Wednesday that the central bank would be adjusting the target range for the federal funds rate—a short-term interest rate at which banks lend money to one another when their reserves fall short—for the third time since the Great Recession, to a range of between 0.75 and 1 percent.… Read More »

The post Fed Interest Rate Hike Hurts Women, African-Americans, Latinos And Low-Income People appeared first on Black Politics on the Web.



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Fed Interest Rate Hike Hurts Women, African-Americans, Latinos And Low-Income People

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