Monthly Archives: October 2022

  • Is Borrowing a Good Idea During Rate Hikes?

    As of September 2022, the Federal Reserve has increased its benchmark rate four separate times, increasing the federal funds rate to a range of 2.25% to 2.50% from zero percent. The Fed’s actions are in response to severe inflation, with the central bank’s actions expected to cool the economy and reduce the inflation rate. But what about the question: is borrowing a good idea during rate hikes?

Peak Finance Company uses cookies to give you the best website experience. If you continue to use our services, we will assume that you agree to the use of such cookies. Find out more about cookies and how you can refuse them.