The Fed's Latest Inflation Reading Has Good and Bad News for the Stock Market. Here's What It Means for Investors.
The war in Iran has had a trickle-down effect on inflation and interest rates.
The Fed's Latest Inflation Reading Has Good and Bad News for the Stock Market. Here's What It Means for Investors.
Overview
After serving as the Federal Reserve chair for eight years, Jerome Powell handed the reins to Kevin Warsh, who recently made his first interest rate decision. The federal interest rate gets a lot of attention because it affects a key part of the country's monetary policy, which can trickle over into the stock market.
One number ultimately affects how expensive mortgages and other loans are, as well as corporate borrowing costs. That's why companies and consumers alike tune in to the Fed's interest rate decisions to gauge how they will affect the economy. Let's take a look at what the Fed's latest interest rate decision means for investors.
Image source: Official Federal Reserve Photo.
Details
Source
Originally published at www.fool.com.
