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Benzinga
Benzinga
Business
Natan Ponieman

Why You Should Care About The Latest Interest Rate Hike: From Mortgages To Personal Loans, Credit Cards And The Job Market

Interest Rates US Federal Reserve Inflation Unemployment Economy

Wednesday marked the last day of summer as well as the confirmation of a new hike to the federal funds rate of 0.75%.

With this new measure, the Federal Reserve is expecting something other than the leaves from the trees to fall: prices.

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