Jeanna Smialek and Conor Dougherty

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Relief Eludes Many Renters as Fed Raises Interest Rates

As the central bank sharply increases borrowing costs, it could lock would-be home buyers into rentals and keep a hot market under pressure.

Relief Eludes Many Renters as Fed Raises Interest Rates

As the central bank sharply increases borrowing costs, it could lock would-be home buyers into rentals and keep a hot market under pressure.