You Can't Control Interest Rates, But You Can Control What You Do About Them
How it does it is a bit more nuanced, but on a basic level, the Federal Reserve controls the interest rates that directly impact you as a saver and investor.
Right now, signals from the broader economy are pushing the Fed toward raising rates in an effort to tamp down inflation that remains a bit elevated from targeted levels. The historically low interest rates that existed prior to the hikes instituted over the past 16 months or so resulted in big changes in the financial landscape.
What's a saver and/or investor to do in response?
Source Fool.com
