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CNBC - Federal Reserve Could Boost Rates by 75 Basis Points this Week: 3 Money Moves to Make First

06/14/2022

Chess game

The Federal Reserve is again poised to raise interest rates in an attempt to slow down the highest inflation in four decades without pushing the U.S. economy into a recession. Our very own Cathy Schaeffer, CFP®, the Vice President and Family Advisor Manager at Baker Boyer in Walla Walla, shares one of these money moves to make before the fed hikes rates again.

Note: this article was released prior to the interest rate increase on 6/15 of 0.75% percentage points.