Fed holds rates steady, but hints at another hike to come. What might happen to savings and CD rates in 2023?
With consumer prices showing signs of overall pressure, one expert says all eyes are now likely on what steps the Federal Reserve may be taking next. Getty Images This week, the Fed elected to maintain the federal funds rate at 5.25%-5.5% after making 11 increases over the past year in order to lower stubbornly high …