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Who Wins, Who Loses When Fed Raises Rates

 Who Wins, Who Loses When Fed Raises Rates

The longest drumroll in the 102-year history of the Federal Reserve precedes its next interest-rate increase. That doesn’t mean some of its effects won’t be surprising.“This is a major inflection point,” said Erik Davidson, chief investment officer for Wells Fargo & Co.’s private bank. “The end of free money is in sight.”

 

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