BREAKING: The Fed held off on raising rates, but how long will it last?

Here’s what the Fed’s latest decision means for your wallet [  Advertiser disclosure]( [View in browser  ]( [Bankrate®]( Presented by [Bankrate®]( [alt goes here]( The Fed leaves rates unchanged but pencils in another rate hike The Federal Reserve left its key benchmark interest rate unchanged, but U.S. central bankers signaled in updated economic projections that they’re expecting to raise interest rates again before the year ends. [Read article]( 30-year home purchase offers [rates]( [rates]( [See all mortgage rates]( Take these crucial steps with your money now Pay down high-cost debt and find the best place to park your cash 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]( as credit card rates hit the highest levels ever. 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]( 6 ways the Federal Reserve impacts you The Fed is connected to almost every financial decision you make. [Read article]( [Special offer from our sponsor]( Finance your home with Sage You deserve the right mortgage. We can help you find it. Learn more about the details from today’s Fed announcement. [Get a quote]( [alt goes here]( [fb]( [insta]( [in]( [tw]( [yt]( [tiktok]( © 2023 Bankrate, LLC. All Rights Reserved. Bankrate, LLC • 16 45 Palm Beach Lakes Boul evard • Su ite 12 00 • West Palm Beach, FL 33401 You received this update at {EMAIL} because you have a Bankrate account. You may unsubscribe from this email [here](. View our [privacy policy](.