The hand wringing over a quarter-point Fed rate hike is on. That’s the amount the Federal Reserve is expected to raise short-term interest rates; the question is, when? The Fed meets this week, announces its decision on Wednesday and meets twice more before the end of the year. When the Fed pulls the trigger, here’s what...
The article Fed Rate Hike: When and How Much It Will Cost You originally appeared on NerdWallet.
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