Contents hide 1 July 2023 Federal Reserve rate hike: Introduction 2 The Federal Reserve’s Rate Hike and its Purpose: 3 Impact on Borrowing Costs: 4 Effect on Consumer Spending: 5 Impact on Business Investments: 6 Effect on Financial Markets: 7 Impact on Currency and International Trade: 8 Conclusion: 8.1 FAQs 8.1.1 Recommended book : Explaining … Continue reading The Economic Impact of the July 2023 Federal Reserve rate hike