YOUR BUSINESS AUTHORITY

Springfield, MO

Log in Subscribe

Fed approves interest rate hike

Posted online

The Federal Reserve yesterday approved a fourth consecutive three-quarter point interest rate increase.

The Fed's short-term borrowing rate now has a target range of 3.75%-4%.

That's the highest level since January 2008.

Read more from CNBC.

Comments

No comments on this story |
Please log in to add your comment
Editors' Pick
Executive Insider: Mike O’Brien

Missouri native returns to help lead Vital Farms facility.

Most Read
SBJ.net Poll
How do you feel about the city of Springfield's new elected leadership?

*

View results

Update cookies preferences