US is spending record amounts servicing its national debt – interest rate hikes add billions to the cost
January 30, 2023 at 16:52 PM EST
US is spending record amounts servicing its national debt – interest rate hikes add billions to the cost Putting your money where his mouth is. DNY59/E+ via Getty Images By Gerald P. Dwyer, Clemson University Consumers and businesses aren’t the only ones feeling the pain of higher borrowing costs because of Federal Reserve rate hikes. […] Source