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14.11 - 08:49
What the Fed’s Rate Increases Mean for Your Financial Plans
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wsj.comAs the Federal Reserve keeps raising rates, many Americans are razing their financial plans.
The dream of owning a home was pushed further out of reach when mortgage rates doubled this year. Carrying a credit-card balance or borrowing money for a car are also significantly more expensive. Returns on saving accounts, on the other hand, are slowly improving.
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