Savers will be happier, but the hike will likely make it even costlier to borrow for homes, autos and other purchases.
Federal Reserve Chairman Kevin Warsh answers questions following the central bank's decision to raise the federal funds rate ...
Federal Reserve policymakers are widely expected to raise their benchmark for interest rates for the first time since July ...
President Trump reacted to Wednesday's interest rate increase by saying rates "in the United States should be 1%, or less." ...
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