personal finance

Federal Reserve plans to raise interest rates ‘soon’ to fight inflation: What that means for consumers and the economy

PROMO 64J1 Finance - Interest Rates Graph Chart Increase Rise Percent - iStock - G0d4ather

The Federal Reserve on Jan. 26, 2022, signaled plans to begin raising interest rates "soon" - possibly in March - in a bid to tamp down inflation before it poses a serious risk to the U.S. economy.

Taxpayers could experience major refund delays this year from backlogged IRS

PROMO Government - Tax Form Calculator Money - iStock

Americans around the country will begin filing their income taxes as the filing period opened this week, but many could experience major delays from the Internal Revenue Service, which still has millions of unprocessed returns from last year.