Why a Fed Hike Could Hurt Your Retirement

Why a Fed Hike Could Hurt Your Retirement
AP Photo/Manuel Balce Ceneta

A rate hike looks to be on the horizon this holiday season, with most experts betting the Federal Reserve will raise interest rates by the end of the month. It may not be the present that's at the top of your holiday shopping list, but it could wind up being a gift that keeps on giving.

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