Interest Rates Raised for First Time in Years: How It Affects Costs // TRAIN BRAIN

Interest Rates Raised for First Time in Years: How It Affects Costs

The Federal Reserve raised interest rates for the first time since 2023 on Wednesday in a move aimed at slowing inflation. NBC’s Brian Cheung joins TODAY to break down how the 0.25% hike will impact credit cards, mortgages and the cost of food and gas.
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