How Rising Interest Rates Will Affect Dividend Stocks
- By Ben Reynolds
Written by Nick McCullum
On Dec. 14, the Federal Reserve announced that they were hiking the Fed Funds rate by 0.25%. This is the rate that financial institutions lend money to each other overnight and has a trickle-down effect on other interest rates in the domestic economy.
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held near zero since December 2008 to provide economic stimulus.
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