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Interest rates are going up. Here's what to do

CNNMONEY

After nearly a decade of keeping interest rates at rock-bottom levels, the Federal Reserve has finally started raising the benchmark rate it charges financial institutions. That means banks are also raising rates they charge consumers.
While rising interest rates are a sign of a strong economy, they bring potentially higher costs for borrowers, but also present an opportunity for savers. Rates will likely continue heading slowly upward. Here's how ...

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