Anyone hoping for cheaper financing in the few months may find themselves waiting. But how long the wait may last is now an open question. Yesterday, members of the Federal Reserve’s rate-setting committee indicated they expect elevated inflation to persist in the short run — and as a result project that the central bank’s key interest rate could go up by the end of this summer. That rate, known as the Fed funds rate, influences other borrowing rates throughout the economy, including for credit

Tag-uri: Inflatie