As Fed signals a 25-basis point hike later this month, here’s what that means for your credit-card bill, savings and mortgage repayments - MarketWatch

Fed Reserve Chair Powell supports a ‘series’ of rate increases, he said.

Federal Reserve Chair Jerome Powell is telegraphing his first punch in the fight against inflation his intention to support a 25 basis-point increase on a benchmark interest rate, the first in a numb… [+7106 chars]

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