What the Fed's Moves Mean for Mortgages, Credit Cards and More
Briefly

The Federal Reserve is expected to keep its benchmark interest rate unchanged due to persistent inflation, potentially maintaining elevated rates for longer than anticipated.
While some may benefit from higher interest earnings, others with high-cost credit card debt or planning to buy homes face challenges in the current environment.
Consumers should expect relatively high interest rates for credit products, with any potential rate decreases likely delayed until later in 2024.
Read at www.nytimes.com
[
add
]
[
|
|
]