Thus far, since the Fed began raising rates at the end of 2015, mortgage rates have risen by about half a percent while savings account rates have barely budged. (money-rates.com)
Yellen said that most FOMC members, however, believe that it will be appropriate to begin raising rates at some time in 2015, but that the time of year depends on the economic situation. (businessinsider.com)
However, with the Federal Reserve (Fed) poised to begin raising rates as early as next month, investors will have to adjust to more modest returns from U.S. stocks as well as brace for heightened volatility. (blackrockblog.com)