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World & National · North America

WATCH LIVE: Warsh holds briefing after Fed raises interest rates for 1st time in 3 years

The quarter-point increase lifts the Fed's key rate to about 3.9% and, over time, could result in higher borrowing costs for mortgages, auto loans, and credit cards.

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The quarter-point increase lifts the Fed's key rate to about 3.9% and, over time, could result in higher borrowing costs for mortgages, auto loans, and credit cards.

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