June 17, 2025 5:59 pm EDT
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The Federal Reserve is set to announce its latest interest rate decision on Wednesday afternoon, and the outcome could quietly shape the finances of millions. From borrowing costs to what savers earn, the Fed’s actions are woven into daily life, often in ways that sneak up on household budgets. Just ahead of the meeting, the CME Group’s FedWatch Tool showed a 99.9% probability the Fed will…

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