Fed rate hike will likely push borrowing costs on credit cards, mortgages -- but benefit savers
- Posted on September 16, 2026
- By The Toronto Star
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- 1 min read
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Fed rate hike will likely push borrowing costs on credit cards, mortgages -- but benefit savers
WASHINGTON (AP) — The Federal Reserve just raised the cost of money — bad news for borrowers, good news for savers.