Here is how you can shield your self from an increase in rates of interest

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The Federal Reserve is prone to increase rates of interest by three-quarters of some extent for the second month in a row at its assembly later in July. The central financial institution’s intention is to assist fight excessive inflation.

This anticipated hike will have an effect on all the things from shares and bonds to mortgage charges and auto loans.

Watch this video, as CNBC’s Emily Lorsch shares ideas for getting forward of an increase in rates of interest.

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