【CNBC】The Fed just hiked interest rates and signaled more increases are coming. Here are money moves to make now

or the first time in years, Americans are in a period of rising interest rates.

The Federal Reserve on Wednesday raised its benchmark rate a half-point, to cool down inflation that’s the highest consumers have seen in 40 years. In addition, Fed Chair Jerome Powell signaled more half-point increases are on the table for all remaining meetings this year.

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