HomeAnnuitiesWhat Fed Interest Rate Hikes Mean for Your Credit Cards

What Fed Interest Rate Hikes Mean for Your Credit Cards


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The Federal Reserve has announced its sixth rate hike this year, increasing rates by three-quarters of a percentage point in an attempt to stabilize the U.S. economy. For consumers, this means that “the market interest rates for credit cards, for auto loans, and for all the other loans are going to increase,” says Ligia Vado,…



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