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Here's What the Fed Interest Rate Hike Means for You

The Federal Reserve raised its key rate by a quarter point Wednesday, bringing it to the highest level in 15 years as part of an ongoing effort to ease inflation by making borrowing more expensive. The rate increase will likely make it even costlier to borrow for homes, autos and other purchases. But if you have money to save, you’ll probably earn a bit more interest on it. 
United States Freddie Mac Jerome Powell Ben Ayers Matt Schulz Ivan Drury
Source: cbn.com

Here's what the Fed interest rate hike means for you – Metro US

<div class="at-above-post addthis_tool" data-url="http://www.metro.us/heres-what-the-fed-interest-rate-hike-means-for-you/"></div>NEW YORK (AP) — The Federal Reserve raised its key rate by a quarter point Wednesday, bringing it to the highest level in 15 years as part of an ongoing effort to ease inflation by making borrowing more expensive. The rate increase will likely make it even costlier to borrow for homes, autos and other […]<!-- AddThis Advance...
New York United States Freddie Mac Jerome Powell Tom Krisher Joe Biden
Source: metro.us

Better for savings accounts, not for loans: What latest Fed interest rate hike means for you

The Federal Reserve raised its key rate by a quarter-point Wednesday, which will likely make it even costlier to borrow for homes, autos and other purchases. But if you have money to save, youll probably earn a bit more interest on it. Heres how else the rate hike could affect you.
United States Freddie Mac Jerome Powell Ben Ayers Matt Schulz Ivan Drury

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