© 2023 Western New York Public Broadcasting Association

140 Lower Terrace
Buffalo, NY 14202

Mailing Address:
Horizons Plaza P.O. Box 1263
Buffalo, NY 14240-1263

Buffalo Toronto Public Media | Phone 716-845-7000
WBFO Newsroom | Phone: 716-845-7040
Your NPR Station
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations
Donate Today Banner

Fed unlikely to raise rates

It’s a good time to have money in a savings account or certificate of deposit, as high interest rates yield better returns. But the Federal Reserve is unlikely to raise rates further in this week’s big meeting, as inflation slows.

We get the latest from Jill Schlesinger of “Jill on Money.”

This article was originally published on WBUR.org.

Copyright 2023 NPR. To see more, visit https://www.npr.org.