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    Interest Rates Will Rise Within The Year, Markets Bet

    By Ben Popken, 8:09 AM on Mon Jun 8 2009, 2,470 views

    As growing global economic optimism begins to build, the market is betting that the Fed will raise interest rates by the end of this year. This will mean mortgages will get more costly and credit card APRs will rise, but the interest you make off your savings account will go up. [Bloomberg] (Photo: Ben Popken)

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