US Consumers Brace for Higher Borrowing Costs
June 16, 2022
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1:07Now PlayingUS Consumers Brace for Higher Borrowing Costs
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as posted by the channelMembers of the US Federal Reserve’s monetary policy committee voted to raise its funds rate by 0.75%, the largest single increase since 1994, and signaled they will keep hiking aggressively this year. How will the Fed’s policy impact consumer borrowing costs? Presented by @cmegroup
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