What the Fed's interest rate hike means for you #Shorts
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What the Fed's interest rate hike means for you #Shorts
The Federal Reserve recently raised interest rates by three-quarters of a percentage point, the most aggressive hike since 1994. This rise puts the key benchmark federal funds rate at a range between 1.5 and 1.75%. What does that mean for you? CNBC's Emily Lorsch explains.
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