Naples Financial Professional Bobby Garon Breaks Down What the Fed’s Rate Hike Means for Your Money
On Wednesday, September 16, the Federal Reserve raised its benchmark interest rate by 25 basis points, bringing the target range to 3.75% to 4%. The Federal Open Market Committee approved the move unanimously in a 12-0 vote, marking the central bank’s first rate increase since 2023. Naples, Florida-based finance and insurance professional Bobby Garon says the […]