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The Fed Just Raised Its Rate Again. When Will It Start To Hurt Consumers?

Federal Reserve Board Chairman Jerome Powell, seen before a Senate committee hearing in July. The Fed announced another interest rate bump Wednesday on the strength of a healthy economy. (AFP/Getty Images)
Federal Reserve Board Chairman Jerome Powell, seen before a Senate committee hearing in July. The Fed announced another interest rate bump Wednesday on the strength of a healthy economy. (AFP/Getty Images)

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