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Friday, May 20, 2022
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U.S. interest rates

Experts: US Fed rate hike will affect most dollar loans in Costa Rica

The U.S. Federal Reserve (Fed) announcement Wednesday of its first interest rate increase in more than nine years is expected to affect mostly interest rates on about 87 percent of Costa Ricans and companies here that took out dollar loans.

This will be the biggest question when the Fed starts raising rates

Whenever the Federal Reserve does start raising interest rates – whether this week, as seems likely, or next year – the biggest question will be whether the Fed eventually ends up back where it started – at zero.

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