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Local
Crime
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Taxing Long Island
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Don't panic': Economist breaks down what higher interest rates means for you

"Don't panic" is the advice from one economist as Long Islanders brace for higher interest rates.

Joe Arena

Sep 22, 2026, 7:53 AM

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The Federal Reserve just hiked a key rate by a quarter point that could make your debt a little more taxing, but it also could put more money in your pocket.

News 12's Joe Arena explains.

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