Federal Reserve will make interest rates decision this week

This week the Federal Reserve will decide what to do about interest rates

VERBATIM:

The central bank has already hiked rates eleven times since March of last year, raising the cost of borrowing for homes and cars, while at more than twenty-percent, the average credit card rate has hit an historic high. This, at a time when skyrocketing prices have forced many people to rely more heavily on credit cards to make ends meet. The general consensus among economists is that the Fed will refrain from raising rates at Wednesday’s meeting, while not closing the door on the possibility of future rates hikes in the not-too-distant future. Rich Thomason reporting.