The Federal Reserve is expected to raise interest rates this week. Here's what that could mean for your wallet.
In the meantime, he says that anyone carrying credit card debt should work to pay down balances and that folks considering the purchase of a house should not put it off – although sky-high home prices have already made ownership unaffordable for many
would-be buyers.inflationMichael Bright, former president of the Government National Mortgage Association for U.S. President Donald Trump, listens during a Senate Banking Committee confirmation hearing in Washington, D.C., U.S., on Tuesday, July 24, 2018.
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