This Week In Credit Card News: Interest Rates At 16-Year High; Rising Credit Card Delinquencies

This Week In Credit Card News: Interest Rates At 16-Year High; Rising Credit Card Delinquencies

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U.S. Interest Rates Raised to Highest Level in 16 Years The U.S. central bank has raised interest rates to the highest level in 16 years as it battles to stabilize prices. The Federal Reserve increased its key interest rate by 0.25 percentage points, its 10th hike in 14 months. That pushed its…

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