What do higher-for-longer interest rates mean for your money?
Alicia Levin, head of investment strategy at BNY Mellon Wealth Management, talks about “How to Make Money” and what it will take for the Fed to raise interest rates. The US Federal Reserve signaled at the end of its two-day meeting on Wednesday that interest rates will remain high for some time, ending the era […]
CNBC Daily Open: Try to see the bright side of higher-for-longer rates – CNBC
Federal Reserve Chairman Jerome Powell speaks during a press conference after the Federal Open Market Committee on September 20, 2023 at the Federal Reserve Board in Washington, DC. Chip Somodevilla | Getty Images News | Getty Images This report is from today’s CNBC Daily Open, our new international markets newsletter. The CNBC Daily Open provides […]
