💼 Business 1d ago · Scott Horsley

The Fed is expected to raise interest rates for the first time in 3 years

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The Fed is expected to raise interest rates for the first time in 3 years
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The Fed is widely expected to raise its benchmark interest rate to combat stubborn inflation. That could make it more expensive to borrow money to buy a car or carry a balance on a credit card.(Image credit: Win McNamee)

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