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Economy Rate Hikes Hint At Credit-Card Debt Trap

credit cardsNow, it seems, interest rates have garnered some, well, interest. It has been barely a week since the Federal Reserve boosted interest rates by a quarter point. It’s the latest move in a series of rate hikes that have been well-telegraphed and well-choreographed.

The Fed has been gradually increasing its fed funds rate over a period of a few years.


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