Interest rates are at a 22-year high. Here’s what that means for your finances

Interest rates are at a 22-year high. Here’s what that means for your finances

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The Federal Reserve raised interest rates to a 22-year high this week -- a milestone that carries major implications for the finances of everyday people, experts told ABC News. The move escalated an aggressive series of rate hikes that has helped dramatically reduce inflation from a peak last…

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