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  4. Fed rate hike likely means more expensive credit cards and mortgages, but savers may rejoice - AP News

Fed rate hike likely means more expensive credit cards and mortgages, but savers may rejoice - AP News

Fed rate hike likely means more expensive credit cards and mortgages, but savers may rejoice - AP News
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WASHINGTON (AP) The Federal Reserve just raised the cost of money bad news for borrowers, good news for savers. The Fed increased its benchmark interest rate Wednesday by a quarter-point, the first… [+6320 chars]

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