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The Federal Reserve has kept its target interest rate near zero to help support the economy since the pandemic hit in March 2020. As the
The Federal Reserve has kept its target interest rate near zero to help support the economy since the pandemic hit in March 2020. As the economy recovers and strengthens, we explore how those upcoming rate hikes may affect other interest rates in the economy as well as the prices of stocks and existing bonds.
Discuss at least two factors (beside the Fed's policies) that may affect the interest rates of mortgages and credit card rates respectively.
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