For consumers, Fed's expected rate hike is unlikely to cause shock and awe

December 15, 2015 11:01 AM

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Federal Reserve policymakers are expected to end months of speculation Wednesday and raise a key interest rate for the first time in nearly a decade.

But for average Americans hoping for noticeably higher returns on their savings or fearing a sharp increase on credit card, auto loan or mortgage rates, the waiting is likely to continue.

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