What Rising Interest Rates Mean for You
by Tony Drake, CFP®, Investment Advisor Representative
Aug 03, 2022
2 minutes
The Federal Reserve has raised the benchmark interest rate four times in 2022, including 0.75% increases in both June and in July, and chances are interest rates may be on the rise again.
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When the interest rate changes, there are real-world effects on how both businesses and consumers make purchases. To understand how interest rates affect your
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