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    Exactly just exactly How Fed hike shall impact mortgages, auto loans, charge cards

    Exactly just exactly How Fed hike shall impact mortgages, auto loans, charge cards WASHINGTON (AP) — Are mortgage rates rising? What about auto loans? Bank cards? What about those rates that are nearly invisible bank CDs — any potential for getting a couple of dollars more? With all the Federal Reserve having raised its benchmark interest Wednesday and signaled the probability of extra price hikes later on this season, customers and companies will feel it — if perhaps not instantly, then as time passes. The Fed’s reasoning is the fact that the economy will be a lot more powerful now than it absolutely was in the 1st years that are…