The Fed announces ninth-straight interest rate hike of 25 basis points—here's what will get more expensive
Despite speculation that the Fed would pause interest rate hikes, the central bank has announced a rate hike of 0.25 percentage point.
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### Instruction: The Fed announces ninth-straight interest rate hike of 25 basis points—here's what will get more expensive

### Response: Despite speculation that the Fed would pause interest rate hikes, the central bank has announced a rate hike of 0.25 percentage point.