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Americans Will Feel the Impact as Fed Raises Rates. Here’s What You Should Know



(AP File Photo/Rogelio V. Solis)
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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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