Fed Rate Hike: 7 Questions (and Answers)

After a long period of making few changes to interest rates, the Federal Reserve seems to be moving into a period of rising rates: The Fed announced Wednesday that it will raise interest rates for the second time in four months, the first of what could be a series of increases this year. As it…

from NerdWallet
https://www.nerdwallet.com/blog/investing/fed-rate-hike-questions-answers/

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