How will an interest rate cut impact your credit card?

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How will an interest rate cut impact your credit card?
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All eyes are on the Federal Reserve as it is expected to cut interest rates this week. But what does that mean for your credit card interest rate? Yahoo...

All eyes are on the Federal Reserve as it is expected to cut interest rates this week. But what does that mean for your credit card interest rate?joins Wealth! to break why an interest rate cut may not impact your credit card and some of the key steps you can take to pay down your debt.Well, this week, the Federal Reserve is expected to cut rates from o from it from its over 20 year high.We have Yahoo Finance's very own, Kendall Little.

The best thing that you can do right now then is to not wait for the fed, start making moves today to pay down your credit card debt.Uh These credit cards have 0% APR S for anywhere between 12 to 21 months. Um, for some people that might mean switching to cash or a debit card while you're working on that debt.

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US inflation reaches a 3-year low as Federal Reserve prepares to cut interest ratesUS inflation reaches a 3-year low as Federal Reserve prepares to cut interest ratesWASHINGTON (AP) — The post-pandemic spike in U.S. inflation eased further last month as year-over-year price increases reached a three-year low, clearing the way for the Federal Reserve to cut interest rates next week.
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Sluggish US jobs report clears the way for Federal Reserve to cut interest ratesSluggish US jobs report clears the way for Federal Reserve to cut interest ratesWASHINGTON (AP) — Hiring by America’s employers picked up a bit in August from July’s tepid pace, and the unemployment rate dipped for the first time since March in a sign that the job market may be cooling but remains sturdy.
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