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QUESTION OF THE DAY: Was the Fed right to raise interest rates?

Pexels / U.S. government

The Federal Reserve raised its base interest rate a quarter-point Wednesday, part of a plan to ease inflation that's eating into household budgets.

The move might ease inflation but it will also make borrowing cost more, increasing the overall price of home loans and credit cards.

Was increasing interest rates the right move? Vote in the poll below.

Article Topic Follows: Economy

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