What the Federal Reserve's Next Meeting Could Mean for Personal Loans

What the Federal Reserve's Next Meeting Could Mean for Personal Loans

Inflation battered consumers from the start of 2022 through the very end of it. On the one hand, it's good to see that the Fed is on a mission to bring inflation levels downward, as that alone could put less of a strain on consumers' budgets. On the other hand, to bring inflation levels downward, the Fed has been implementing aggressive interest rate hikes designed to drive consumer borrowing costs upward.