Why Taking Out a Loan Is About to Get Harder

Mar 23, 2023, 07:00 AM

The Federal Reserve raised interest rates another 0.25 percentage point on Wednesday. That is on the lower end of the Fed's recent rate hikes, but analysts say consumers could find it harder to get a loan anyway. The WSJ's Oyin Adedoyin joins host J.R. Whalen to discuss why, and how you can get your personal finances in order.

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The Federal Reserve raised interest rates another 0.25 percentage point on Wednesday. That is on the lower end of the Fed's recent rate hikes, but analysts say consumers could find it harder to get a loan anyway. The WSJ's Oyin Adedoyin joins host J.R. Whalen to discuss why, and how you can get your personal finances in order.

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