Here’s what a Fed rate hike means for your mortgage, car loan and credit cards
The Federal Reserve raised its benchmark interest rate by a quarter-point on Wednesday, marking its first hike since 2023 and pushing the target range to 3.75% to 4.00%.
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The Federal Reserve raised its benchmark interest rate by a quarter-point on Wednesday, marking its first hike since 2023 and pushing the target range to 3.75% to 4.00%.
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