The Fed’s campaign of interest rate hikes spanned over 18 months, representing a significant intervention in the central bank’s history. These measures have transitioned the Fed into a phase of observation, as it awaits indications of declining inflation rates towards its 2% target, as measured by the Personal Consumption Expenditure (PCE) index, a preferred inflation gauge.
Mortgage Buydown Comparison: Which type of buydown is best?
So that’s my goal here – to shed some light on what the Federal Reserve is and how it impacts your finances and investments.