What’s a Federal Rate Hike? - Money Tip Tuesday

<p style="text-align:left;">What does it mean when the Fed raises rates? Well, if you have a savings account, loans or a mortgage, a rate hike will impact you. This tip covers a few of the things you can do if the talk of raising rates seems a bit scary.  </p> <ul style="text-align:left;"><li>Learn more about the <a href='https://www.bankrate.com/rates/interest-rates/federal-funds-rate/%20'>Federal Funds Rate</a></li> <li>Learn more about the <a href='https://www.bankrate.com/glossary/p/prime-rate/%20'>Prime Rate</a></li> </ul> <p style="text-align:left;">Like what you heard? Go ahead and share on your social media! Visit <a href='https://www.trianglecu.org/home/home'>trianglecu.org</a> to learn more about how we can serve you and don't forget to follow us on <a href='https://www.facebook.com/trianglecu'>Facebook</a> and <a href='http://www.twitter.com/trianglecu'>Twitter</a>!</p>