Facebook Pinterest Search Icon SourcingJournal_horiz Tumbler Twitter Shape photo-camera graph-trend Shape latest-news icon / user

Here’s Why the Fed Held Rates Steady and What it Means for Borrowers

Nordstrom, Greats, Target, Macy’s, Alibaba, Bonobos, Rhone, Spanx and more will be at Sourcing Summit NY Oct 17. Don't miss it.

Inflation? What inflation? With inflation running below the Federal Reserve’s targeted 2 percent rate, the central bank elected to hold its benchmark interest rate steady at its targeted rate of 2.25 percent to 2.50 percent. For fashion firms and retailers looking to borrow money, that means nothing has changed for now, and current borrowing rates…

This content is for Annual and Limited members only. You can read up to five free articles each month with a Limited Level Subscription. Please log in, or subscribe.

Log In Subscribe

More from our brands

Access exclusive content Become a Member Today!