The smartest money moves to make with interest rates expected to go higher
The Fed’s next interest-rate hike is going to ‘bite’ consumers. Here’s how to prep your money.
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# Summary As the Federal Reserve prepares additional interest-rate hikes, consumers should prioritize locking in fixed-rate debt and shifting cash into high-yield savings accounts to capitalize on rising rates before borrowing costs increase further. Investors should consider rotating portfolios toward financial stocks and bond funds positioned to benefit from higher rates, while reducing exposure to rate-sensitive sectors like utilities and REITs that typically underperform in rising-rate environments.
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