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Act quickly to leverage the Fed’s rate pause

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bankrate.com

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your.friends@news.bankrate.com

Sent On

Wed, Jun 14, 2023 07:04 PM

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BREAKING: The Fed didn’t raise rates but could hike them again Presented by The articles below

BREAKING: The Fed didn’t raise rates but could hike them again [  Advertiser disclosure]( [View in browser  ]( [Bankrate®]( Presented by [Bankrate®]( The articles below were not created by Marcus by Goldman Sachs® and may not reflect the institutional opinions of Goldman Sachs Group, Inc., Goldman Sachs Bank USA or any of their affiliates, subsidiaries or divisions. [alt goes here]( The Fed skips a rate hike, but isn’t done lifting rates For the first time in more than a year, the Fed decided not to raise interest rates at its June meeting but penciled in 50 basis points worth of additional rate hikes later this year. [Read article]( Pausing hikes doesn't take the pain away from higher rates Take these crucial steps with borrowing costs likely to stay high Limit your exposure to higher rates: [Refinance variable-rate debt]( into fixed-rate loans. Chip away at credit card debt: [Consider utilizing a balance transfer]( before any offers go away. Focus on the long term: [Don’t let choppy days deter you from investing](. Pick the right savings account: Take advantage of higher rates while you can by [parking your cash in an account where it’s rewarded the most](. Biggest winners and losers from the Fed’s rate decision Credit card borrowers, investors and prospective homebuyers will want to take careful note. [Read article]( Take these steps now after the Fed’s latest meeting Here’s the money moves you should be making. [Read article]( 5 ways the Federal Reserve impacts you The Fed is connected to almost every financial decision you make. [Read article]( [fed]( [AD]( Special promotional CD term Lock in this great rate for 10 months! $500 minimum. Expires 9/15/23. APY may change before CD is opened & funded. [Get started]( [alt goes here]( © 2023 Bankrate LLC. All Rights Reserved. Bankrate LLC • 38 01 PG A Boul evard • Su ite 5 55 • Palm Beach Gardens, FL 33410 You received this update at {EMAIL} because you have a Bankrate account. You may unsubscribe from this email [here](. View our [privacy policy](.

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