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With interest rates rising, here’s how to protect your wallet and your wallet

The Fed is willing to bring pain. are you ready? Weeks ago, Federal Reserve Chairman Jerome Powell warned that there would be “some pain for households and businesses” as the central bank raises interest rates to combat inflation that is higher than it has been in four decades. Powell and other members of the Federal …

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Fed again advances interest rate hike by three-quarters of a straight point | CNN Business

Washington DC CNN Business – The Federal Reserve made history on Wednesday, agreeing to a third consecutive hike of 75 basis points in a strong move to tackle the severe inflation plaguing the US economy. The massive rally, which could not be understood by markets just months ago, is taking the central bank’s benchmark lending …

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