Massive Fed interest rate hike coming today. Here’s what you need to know.

Massive Fed interest rate hike coming today. Here’s what you need to know.

Business
November 2, 2022 by secret
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[ad_1] The Federal Reserve is poised on Wednesday to raise interest rates for the sixth time this year. That increase will have a direct impact on consumers’ wallets, making it even more expensive for them to get a mortgage and pay off credit card debt. The central bank is boosting rates to curb inflation, which hovers near a 40-year high. September’s consumer