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How the Fed’s Interest Rate Increase Affects Your Finances

NYT Business Wednesday 16 September 2026, 18:58 UTC By Tara Siegel Bernard 1 min read
Key Points

The Federal Reserve increased its key rate by a quarter of a percentage point, but mortgages and other consumer loans have already trended higher.

The Federal Reserve increased its key rate by a quarter of a percentage point, but mortgages and other consumer loans have already trended higher.
Fed (ORG) The Federal Reserve (ORG)
Originally published by NYT Business Read original →

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