Headline USA··Thursday, November 12, 2026, 11:09 AM

Can Debt-Riddled American Consumers Stomach Another Fed Rate Hike?

(Mike Maharrey, Money Metals News Service) Everybody is convinced that the Federal Reserve will raise interest rates again in December. With October’s hot CPI print, some analysts even think the central bank will bump rates by 50 basis points. Meanwhile, Americans are leaning on high-interest credit cards to make ends meet as rising prices strain

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