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Interest rates are inching up

Marketplace Staff Dec 14, 2016
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Interest rates are inching up

Marketplace Staff Dec 14, 2016
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Federal Reserve Chair Janet Yellen and her colleagues on the Federal Open Market Committee raised short-term interest rates today, up a quarter of a percent from the 0.5 percent they’ve been at all year.

We were at the press conference, which you can hear a bit of in the audio player above. You might be wondering: why should I care?

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