Managing credit card during higher for longer interest rates

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Federal Reserve officials decided not to change interest rates in their March FOMC meeting, keeping rates higher for longer. While nine members of the...

Federal Reserve officials decided not to change interest rates in their March FOMC meeting, keeping rates higher for longer. While nine members of the Federal Reserve see atby the end of the year, there are some — like Atlanta Fed President Raphael Bostic — who expect only one rate cut for the year. Consumers are feeling the brunt of these elevated interest rates, especially those with higher credit card debt.

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