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Daily News Headline 12/17/15

posted Dec 17, 2015, 10:21 AM by Nancy Berry
In the news this morning, for the first time in nearly a decade, the Federal Reserve has raised the interest rate by a quarter percent, a major sign that the economy is improving. The rate hike goes into effect immediately and impacts everything from credit cards, to car loans, to mortgages, and retirement funds. Experts expect interest rates to continue to rise gradually.