US Federal Reserve Just Raised Interest Rates — How It Will Hit Your Wallet

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The US Federal Reserve has announced a 0.5% interest rate hike, and the effects are already being felt across global markets. Inflation remains above 6%, and borrowing costs for everyday Americans are set to rise.

In this concise report from Chris Wick News: Global Watch, we break down what this means for your loans, mortgages, and personal finances, and how to adjust your budget before it impacts you.

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