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Why the Federal Reserve's interest rate decision won't mean falling prices anytime soon
The Federal Reserve says interest rate cuts are on the table for next year, but the Chief Financial Analyst from Bankrate explains why that won’t impact the high prices and credit card interest rates anytime soon.
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Federal Reserve raises key interest rate
Buying major items like homes and vehicles is about to get a little more expensive because the Federal Reserve raised interest rates again.
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The Impact of the Latest Federal Reserve Interest Rate Hike
An economic expert from the University of New Haven helps break down the Federal Reserve’s latest interest rate hike and what it will mean for everyday people.
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How to Earn More Money From Your Savings Now That Banks Are Raising Interest Rates
The Federal Reserve has raised its key interest rate five times this year, most recently on Wednesday, as part of its ongoing effort to slow the pace of inflation.
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The Fed Just Made a ‘Jumbo' Interest Rate Hike of 0.75% — Here Are 4 Things That Will Be More Expensive
The Federal Reserve has increased interest rates by 0.75%, increasing the cost of debt for credit cards, auto financing and other loans.
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How Steep Fed Rate Hikes Affect Your Finances
Mortgage rates have jumped, home sales have slumped and credit cards and auto loans have gotten pricier. Savings rates are slightly juicier, though. Many economists say they fear that a recession is inevitable in the coming months. With it could come job losses that could cause hardship for households already hit worst by inflation. Wednesday, the Federal Reserve acted again...