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April 26, 2019

Fed's decision on interest rates affects home buyers, retirees, jewelry shoppers

By STAN CHOE
AP Business Writer

NEW YORK — It's not just the stock market at a record high that's feeling the Fed effect.

Jewelry shoppers, home buyers, retirees and many others are feeling the ramifications of the Federal Reserve's decision earlier this year to halt raising interest rates, at least temporarily. For some investments, it's been for the better. For others, not so much.


 
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