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How the first Federal Reserve interest rate hike in years impacts you

How the first Federal Reserve interest rate hike in years impacts you
Photo: Atlanta News First (WANF CBS) - News · view original

ATLANTA, Ga. (Atlanta News First) — The Federal Reserve raised interest rates from 3.75% to 4% Wednesday, marking its first rate hike in three years. The decision sent immediate ripples through financial markets, with the Dow Jones Industrial Average tumbling 850 points shortly after the announce...

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