Money

Another Fed rate increase may hurt borrowers, but savers might cheer. Here’s why.

Medora Lee, USA TODAYComments Off on Another Fed rate increase may hurt borrowers, but savers might cheer. Here’s why.

Another 0.25 percentage point Fed rate hike could further squeeze weary consumers but give savers a boost. Stocks are up, but some remain cautious.

     
Medora Lee, USA TODAY
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