https://www.theepochtimes.com/how-the-feds-rate-hike-will-impact-you_4344015.html

The Federal Reserve is increasing interest rates by a quarter of a point. From credit cards to car loans, a look at how the rate hike could impact your wallet.

Jerome Powell, Federal Reserve Chairman:”The committee is determined to take the measures necessary to restore price stability.”

Ed Moya, Senior Market Analyst, Oanda:”Getting loans, getting refinancing, getting your first mortgage is going to be a lot harder as these interest rates go higher.”

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