BREAKING: Federal Reserve approves interest rate hike of half a percentage point Great Chef 13.37 The Federal Reserve Wednesday approved a 50 basis point increase to its policy interest rate in an effort to reduce inflation. Federal Reserve approves interest rate hike of half a percentage point Mortgage The Federal Reserve Wednesday approved a 50 basis point increase to its policy interest rate in an effort to reduce inflation. What will this mean for mortgage rates? HousingWire, 433 East Las Colinas Blvd., Suite 830, Irving, TX 75039 Manage preferences Share this Share on FacebookTweet on TwitterPlus on Google+
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