Here's what you need to know.
Many individuals may be suffering from high interest rates this year as the federal reserve stated that they may be raising interest rates up to four times this year. This news has shocked many Americans.
Interest rates may be rising up to four times this year. This news has shocked many Americans due to inflation hurting many parts of the economy and their daily lives. Now individuals who are suffering from inflation may be dealing with rising interest rates.
It is very important that individuals are financially stable during this time to reduce their chances of being effected by interest rates.