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How steep Fed rate hikes affect your finances

Por: 10 WBNS Nation September 21, 2022

NEW YORK — Mortgage rates have jumped, home sales have slumped and credit cards and auto loans have gotten pricier. Savings rates are slightly juicier, though. As the Federal Reserve has , many economists say they fear that a recession is inevitable in the coming months — and with it, job losses that could cause hardship for households already hurt worst by inflation. RELATED: Wednesday, the Federal Reserve sharply raised its key short-term... + full article



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