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When you return something that was purchased with a credit card, you'll generally be entitled to a credit card refund.

The average credit card interest rate by credit score and card

In the first quarter of 2020, the average credit card interest rate in the US was 15.09%, according to data from the Federal Reserve.
Federal Reserve Board Chairman Jerome Powell arrives at his news conference following the closed two-day Federal Open Market Committee meeting in Washington, U.S., May 1, 2019.

A 2nd wave of coronavirus cases could force the Fed to reconsider negative interest rates, Goldman Sachs says

Negative rates could do more harm than good, a Goldman strategist said, and fresh aid from Congress will likely arrive before the Fed acts further.
Chairman of the Federal Reserve nominee Jerome Powell testifies during his confirmation hearing before the Senate Banking, Housing and Urban Affairs Committee November 28, 2017 on Capitol Hill in Washington, DC.

The Fed won’t use negative interest rates to counteract the coronavirus recession, chairman Jerome Powell says

The refusal to push rates lower comes one day after President Trump renewed his call for such policy in the US, deeming it a "gift" in other nations.

Nintendo cuts ‘Animal Crossing: New Horizons’ interest rates to boost virtual spending

Players received a letter from the game's Bank of Nook explaining the change. The letter included a rug shaped like a bag of bells.

The Fed will keep interest rates near zero for at least 3 more years, economist survey says

90% of economists surveyed by Bloomberg agreed with the Federal Reserve's response to the coronavirus epidemic.
WASHINGTON, DC - SEPTEMBER 26: Federal Reserve Board Chairman Jerome Powell arrives for a news conference on September 26, 2018 in Washington, DC. The Fed raised short-term interest rates by a quarter percentage point as expected today, with market watchers expecting one more increase this year and three more in 2019.

The Fed announced an unexpected interest rate cut on Tuesday. Here’s a timeline of the last 7 emergency rate cuts

"The fundamentals of the US economy remain strong. However, the coronavirus poses evolving risks to economic activity," the FOMC said in a statement.

Credit card interest rates are higher than ever, but 8 cards have a lower APR if you need to carry a balance

Credit card interest rates are at a historic high, but there are still some options that offer low APRs, both with 0% introductory offers and after.
Unlike compound interest, simple interest uses only the principal to calculate interest.

Compound interest is either your best friend or your enemy. Here’s how to make it work for you.

Compound interest is the process of adding interest to a principal amount and basing future interest on this new balance.
FILE PHOTO - Minneapolis Fed President Neel Kashkari speaks during an interview at Reuters in New York

A regional Fed chief offered the latest hint at when the central bank might resume rate hikes

The statement comes five days after the Fed signaled a pause to further cuts, leading analysts to speculate about a future rate hike.
It's probably time to think about consolidating your debt.

If you’ve ever considered consolidating your credit-card debt, now is probably the right time to do it

The average borrower could save as much as $2,500 by consolidating their credit-card debt with a personal loan, according to analysis by Credible.