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716-633-1373 8321 Main Street, Williamsville, NY 14221
Tronconi Segarra & Associates

Tronconi Segarra & Associates

Williamsville, Buffalo & Western New York CPA

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Business Loans

Switch to a Fixed-Rate Loan – or Not?

March 1, 2023

The Federal Reserve aggressively raised its key federal funds rate seven times in 2022 in an effort to slow down the economy and moderate price growth. However, these actions also had the effect of more than doubling the prime rate, an interest rate set by banks and other lending institutions that … [Read more...] about Switch to a Fixed-Rate Loan – or Not?

Filed Under: Business Loans, Federal Reserve, General Business, Inflation

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Tronconi Segarra & Associates LLP
8321 Main Street
Williamsville, NY 14221
Phone: 716-633-1373
Fax: 716-633-1099

Ulrich City Centre
175 Walnut Street, Suite 2
Lockport, NY 14094
Phone: 716.438.2190
Fax: 716.438.2450

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