It wasn’t a question of if, but when. And the answer is “now,” as the Federal Reserve Board announced Wednesday that it would raise interest rates just in time for the new year, and a new administration. During the Fed’s Dec. 14 meeting, the Federal Open Market Committee voted for a 0.25-percentage-point increase, raising the...
from NerdWallet
https://www.nerdwallet.com/blog/investing/fed-rate-hike-questions-answers/
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