Americans Will Feel the Impact as Fed Raises Rates. Here's What You Should Know
By News
Published 2 years ago on
March 21, 2022
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After years of very low interest rates, a change is coming. The Federal Reserve is raising rates. Borrowing will get costlier for everything from mortgages to car loans to credit cards. For many Americans, that will be a bitter pill. But there are some silver linings.
For instance, rising rates could stop the runaway train of higher home prices.
Read more at NPR
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