Federal Reserve announces hike to key interest rates to slow down inflation
Credit cards interest rates and mortgage rates are expected to go up.
•
May 5, 2022, 9:41 AM
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Updated 961 days ago
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12h agoThe Federal Reserve just announced it will raise key
interest rates .50% in an effort to fight record inflation.
How will higher rates impact you and your
wallet?
Credit
cards interest rates and mortgage rates are expected to go up.
Experts
predict it will only get worse with additional hikes expected in June
and July.
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