What the Latest Fed Rate Hike Means for You

The Federal Reserve on Wednesday hiked its benchmark interest rate from 1.5% to 1.75%, the highest its been since 2008. The central bank also suggested that additional rate increases are coming later this year. So what does this change mean for your wallet? While rising rates indicate that the economy is getting stronger, the bottom … Continue reading What the Latest Fed Rate Hike Means for You

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