The Federal Reserve is expected to hike rates one more time. What that means for you

The Federal Reserve is expected to hike rates one more time. What that means for you

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Most credit cards come with a variable rate, which has a direct connection to the Fed's benchmark rate. After a prolonged period of rate hikes, the average credit card rate is now more than 20%, on average — an all-time high, while balances are higher and nearly half of credit cardholders carry…

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