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How the Federal Reserve's rate hike impacts your holiday spending plans: ‘It’s not the time to overspend’

Por: MarketWatch Business November 03, 2022

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By the time the latest rate hikes filter through the very rate-sensitive credit card industry and pump up customers’ annual percentage rates a little more, experts say it will be some point in December 2022 or January 2023. Right in time for many holiday gifts and expenses to post on credit cards bills — and there to make the costs of a carried balance a little extra expensive. Every year, many people pay it off in the early part of the... + full article



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