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7 ways to protect your money from potentially higher inflation and unemployment

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By Jeanne Sahadi, CNN (CNN) — The Federal Reserve’s decision Wednesday to leave its key overnight lending rate unchanged for the second time this year was expected. But in addition to a disappointing February jobs report and other data, the Fed had to consider a new factor creating economic uncertainty: the attacks on Iran by the US and Israel, which have increased geopolitical stability and world oil prices – all of which point to potentially h…

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7 ways to protect your money from potentially higher inflation and unemployment

The Fed’s rate pause — and expectations that it may not lower rates again any time soon — is a mixed bag for consumers. But it means you should try maximizing the rates you get on your savings and keeping interest costs on your debt as low as possible.

4 days ago·Atlanta, United States

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