The Fed Changed Course. What Happens Next?

The Fed Changed Course. What Happens Next?

One Fed rate hike is unlikely to change the economy overnight, but it could signal a meaningful shift in where interest rates are headed. In this week’s Money with Murphy, Kara examines why some companies and consumers are better protected from higher rates, while others may feel the pressure almost immediately. She also explains why mortgage rates could remain elevated regardless of the Fed’s next move.

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