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Released: March 15, 2017
How the Fed rate hike will affect borrowers and savers
Source: Jeff Cox, CNBC (Free Registration)
If you're a borrower, you're going to pay, and if you're a saver, you're not going to get paid — such is the nature of interest rate hikes. With the Federal Reserve set to raise its benchmark rate this week, the effects will be immediate for some, not so much for others.
Read Full Article: How the Fed rate hike will affect borrowers and savers
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