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    • Gateway - Quartz

      Quartz· 6 hours ago

      Then it did 50 basis points in May and four consecutive 75 basis point hikes from June to November that year, taking the federal funds rate target from 0% at the start of ...

    • Gateway - Quartz

      Quartz· 14 hours ago

      The Federal Reserve’s decision to hold its key interest rate between a range of 5.25% and 5.5% might not have pleased anyone—and that’s kind of the point ...

    • How the Fed affects credit cards

      How the Fed affects credit cards

      Bankrate via AOL· 7 days ago

      Your credit card rates are tied to the prime rate, to which issuers add a markup to arrive at your card’sinterest rate. The prime < ...