Interest rates are staying high—how to make them work in your favor
CNBC - 2024-05-03T15:04:25.000Z

The U.S. Federal Reserve is keeping its benchmark interest rate at its current decades-long high. Savers and borrowers can take advantage of the moment.

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Interest rates may stay high for longer. Here’s what it means for the 2024 election.
The Fed has cast doubt over a previous forecast of interest rate cuts.
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- From ABC News
- 2024-05-06T17:55:00.000Z
Fed Meeting Update: Interest Rates Will Stay High Until Inflation Cools
Expect to pay more for mortgages and credit card interest through at least the end of 2024.
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- From CNET
- 2024-05-02T01:39:00.000Z
Federal Reserve Says Interest Rates Will Stay at Two-Decade High Until Inflation Further Cools
The Federal Reserve on Wednesday emphasized that inflation has remained stubbornly high in recent months and said it doesn’t plan to cut interest rates until it has “greater confidence” that price increases are slowing sustainably to its 2% target. The Fed issued its decision in a statement after its latest meeting, at which it kept […]
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- From www.theyeshivaworld.com
- 2024-05-01T22:00:24.000Z

In related news

Interest rates may stay high for longer. Here’s what it means for the 2024 election.

Fed Meeting Update: Interest Rates Will Stay High Until Inflation Cools

Federal Reserve Says Interest Rates Will Stay at Two-Decade High Until Inflation Further Cools