Who will latest interest rate hike affect the most?

The Federal Reserve is expected to announce a third consecutive interest rate hike Wednesday. This action would be the fifth rate increase this year. Mark Hamrick, a senior economic analyst for Bankrate.com, joined CBS News to discuss what’s behind this likely action and how it would impact Americans.

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Mainstream media is often "Fake News." Nevertheless, one needs to see what others are seeing and then read with discernment.

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