Month: May 2022

Here are some smart money moves to make now amid high inflation, rising interest rates

KEY POINTS As consumer prices soar to historic highs, the Federal Reserve plans to raise interest rates. As a result, the cost of borrowing will get more expensive. Meanwhile, savings will benefit from higher interest rates. Here’s how consumers may want to rethink how they handle their credit cards, savings and mortgages now. RgStudio | …

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