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okay to the news. when you look at the rate hike, what it mean for you? if you have a credit card, it means your rates are likely to go up. and private student loans, you want to get into a lock situation so you don't end up paying more. the good news is for people keeping money in a savings account, you may for the high-yield savings account see that interest rate go up. we are seeing quarter of a point interest rate hike by the federal reserve. to put this in broader contrast we are expecting five to six rate hikes coming later this year by the fed. the next fed meeting is in may, but overall the fed is saying that job gains have been strong and part of their justification for raising rates here, and the idea is they want to tame inflation. the tricky part for the fed is walking this delicate line. you want to curve the inflation but don't want to be triggering

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