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The Federal Reserve held interest rates steady Wednesday between 4.25% and 4.5% – exactly as interest-rate traders' bets ... and interest for a $425,000 house with a 20% downpayment.
Meanwhile, Friday's release of labor data showed the unemployment rate maintaining a status quo at 4.2%, which likely won't cause enough alarm for the Federal Reserve to reduce interest rates at ...
The average annual percentage rate on credit balances has jumped to 21% in 2024 from 12% in 2003. More people are falling ... House bill that aims to cap annual credit card interest rates at ...