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Interest rates and inflation

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Rising inflation and interest rates are having a significant impact on your spending, savings and the interest you pay on your debt.  Find the Wells Fargo Investment Institute’s latest thinking on the Federal Reserve’s next steps.

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May Fed Announcement
May 4, 2022
The Federal Open Market Committee (FOMC) increased the federal funds rate by 0.50%, or 50 basis points, to 0.75% – 1.00%.

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Inflation then and now
March 31, 2022
Should investors prepare for the type of long-term inflation and double-digit interest rates that hampered markets in the 1970s?

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