Article 5YY00 The Fed's Interest Rate Hike Will Hurt Black Consumers

The Fed's Interest Rate Hike Will Hurt Black Consumers

by
Keith Reed
from The Root on (#5YY00)
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The Federal Reserve's steepest interest rate hike in two decades is poised to hit Black consumers hard, economists say. The half-percentage-point hike will empty wallets in the form of higher interest on credit cards, business and personal loans and mortgages for everyone, but it could to do the most damage to Black...

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