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Finance

Fed rate cuts could help credit card users

DS Staff | Sep 13, 2024

The Federal Reserve is expected to lower interest rates soon, which could help consumers struggling with credit card debt. Interest rates for these cards are at a high of 20.78%, compared to 16% in 2022.

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Inflation

Inflation falls to a three-year low

DS Staff | Sep 12, 2024

The consumer price index (CPI) fell to 2.5%, a three-year low, in August, down from 2.9% in July, and marked the fifth straight month of decline, per the Labor Department. Core inflation, excluding food and energy prices, remained steady at 3.2%.