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The U.S. central bank is hiking rates at the fastest pace in decades, impacting how much you pay to borrow and how much you earn when you save. Get advice and stay informed on what to do with your wallet.
The central bank recently hiked its key rate.
For savers, here’s what to consider when the Fed raises interest rates.
The Fed’s interest rate hikes impact credit cardholders.
Some borrowers may want to pay attention to the Fed’s rate adjustments.
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If you have a home equity loan or variable mortgage, pay attention to the Fed.
The Fed hasn’t raised rates this much in a single year since 1994.
The Federal Reserve raised interest rates on July 27, 2022. These interest rate changes are likely to affect the rates of personal loans.
The Fed rate has a domino effect that can raise or lower auto loan rates.
Consumers are witnessing the most hawkish Federal Reserve in decades. Here’s how to respond.
Why subprime borrowers are vulnerable to rising interest rates, and how to prepare.
Credit card interest rates have a high mark up over the prime rate. Why are card APRs so high?
The key benchmark has been as high as 20 percent — and as low as 0 percent.