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What an Interest-Rate Increase Will Mean for You
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The Federal Reserve is widely expected to raise its short-term benchmark rate by one quarter of a percentage point on Wednesday.
The Fed had previously lowered rates to near zero to keep the economy moving during 2020’s coronavirus shutdowns and global economic fallout. Now, it is concerned about rising inflation and overheating in the economy.
Read more on wsj.comAbout this in other media
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