Federal Reserve expected to raise interest rates for sixth time this year


Federal Reserve expected to raise interest rates for sixth time this year – CBS News


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The Federal Reserve is widely expected to raise interest rates by three-fourths of a percentage point. Lori Bettinger, president of BancAlliance and former director of the Troubled Asset Relief Program, joins CBS News’ Errol Barnett and Lana Zak on how this will impact consumers.

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