The Federal Reserve has raised interest rates by a quarter percentage point, in line with expectations. A rate hike of this size may sound small, but it can impact everything from interest rates on savings accounts to how much borrowers pay on their home, car and credit card loans. And this latest move from the Fed is just the beginning.
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Mark Garrison is a reporter and substitute host for Marketplace.
Based in New York, Mark joined Marketplace in 2012. He covers a variety of topics, including economics, marketing, employment, banking, the military, media and culture. In 2014 – 2015, Mark studied at...