The Fed’s latest rate hike could be the final one in this cycle. Here’s what it means for your savings and investments. What happened? The US Federal Reserve has raised interest rates by another 0.25%, bringing the benchmark federal funds rates to 5% to 5.25%. With this hike, the federal funds rate would be at the highest level since 2007. Let’s take a look at what we can learn from the Fed’s latest meeting, and what this would mean for us as savers and investors. Source: Bloomberg What we learnt from the Fed’s latest meeting

#1 – Potential pause in rate hikes 

While the 0.25% rate hike was largely expected, investors were looking out closely for signs on whether this could be the last of the Fed’s rate hikes. The good news is that the US Federal Reserve hinted at a pause in the aggressive rate hikes. In its latest statement, the Fed took out a line from the previous statement in March that said that the committee “anticipates that some additional policy firming may be appropriate”....