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The Atlanta

💸 Rate hike

💸 Rate hike
Photo: Rough Draft Atlanta (intown neighborhoods) · view original

Going up Thursday, Sept. 17 — The Federal Reserve unanimously raised its benchmark interest rate by a quarter point yesterday, its first hike since 2023, bringing the target range to 3.75% to 4%. The move aims to combat persistent inflation, but it also means higher borrowing costs for Americans...

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