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Jill On Money: The Fed hikes — What it means to you

Jill On Money: The Fed hikes — What it means to you
Photo: Waco Tribune-Herald · view original

In a unanimous 12-0 decision, the Federal Reserve raised its benchmark lending rate by a quarter of a percentage point, to a target range of 3.75–4.00 percent. In explaining the first interest rate hike in three years, Fed Chair Kevin…

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