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Inflation hit 3.6% while the Fed's target is only 2% — and the Fed held rates at 3.75% to 4% anyway. With about eight in ten traders expecting a December hike, your credit card rate is not falling: new card offers already average almost 24%, so carrying $10,000 costs about $2,400 a year in interest alone. Pay down the highest-rate card first and keep cash in a high-yield account while rates stay high. Follow US Money Guide for daily money tips!
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Educational content, not financial advice.

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