The US Federal Reserve’s quarter-point rate hike could raise borrowing costs for credit card and adjustable-rate mortgage borrowers while benefiting savers and new bond investors. Here’s how the latest Fed move could affect household finances.
The US Federal Reserve’s quarter-point rate hike could raise borrowing costs for credit card and adjustable-rate mortgage borrowers while benefiting savers and new bond investors. Here’s how the latest Fed move could affect household finances.
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