The Federal Reserve has hinted at a potential interest rate hike in the fourth quarter, which has sent ripples through financial markets. As the central bank signals its intent to tackle rising inflation, market participants are recalibrating their expectations regarding future monetary policy.
Analysts are closely monitoring how an interest rate hike could affect borrowing costs and investment strategies. Increased rates may lead to higher costs for consumers and businesses, impacting spending and overall economic growth in the short term.