By News Editor 
At the last FED meeting, the governing body opted to maintain rates the same.
High interest rates are the Fed’s primary weapon against inflation. When money is more expensive to borrow, there’s less of it circulating in the economy. Reduced money supply means less upward pressure on prices. The Fed targets a 2% annual inflation rate, and when inflation runs above this, higher rates help bring it back down by dampening demand. However, Donnie Dollaz probably wants to refinance which puts him in a short term bind. Watch as we go over the ins and outs about the Fed Decision.