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Federal Reserve raises interest rates by 0.75%
NBC News Clone summarizes the latest on: Mmvo152313413792 - Breaking News | NBC News Clone. This article is rewritten and presented in a simplified tone for a better reader experience.
The Federal Reserve raised interest rates by 0.75% in an effort to bring down inflation. The hike will affect interest rates on car loans, new mortgages, credit cards and more.
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