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

Where are fashion’s priorities? How sustainability will fare post pandemic is just one of many open questions. Join SJ on July 15 at 11 am for a webinar on how the crisis will affect future sourcing decisions and how to better measure progress.

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!