Historic rate hikes mark biggest 6-month rise in 41 years: what you should do with your money

Historic rate hikes mark biggest 6-month rise in 41 years: what you should do with your money

The Federal Reserve announced on Wednesday that it would raise benchmark interest rates by three-quarters of a percentage point and signaled that more hikes were to come. The rise is the third consecutive move of 0.75 percentage points and the fifth increase in the past six months – all part of a central bank effort …

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