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If Fed Cuts Interest Rates, Credit Card APRs 'Are Still Going To Be High' For Now, Economist Says
Monday, September 16, 2024 - 4:23pm | 733Read More...Consumers’ wallets should get some relief if the Federal Reserve lowers rates this week, but it won’t be a huge help, according to Benjamin Ayers, senior economist with Nationwide Insurance (NASDAQ:NWFAX). “It should put some downward pressure on auto rates, mortgage rates, loan...
