【CBRE】Fed holds interest rates steady: Here’s what that means for credit cards, mortgages, car loans and savings rates

• The Federal Reserve kept interest rates unchanged at the conclusion of its April meeting, likely Jerome Powell’s last as Fed chair.
• The central bank’s benchmark has a knock-on effect on many consumer products, including mortgages, credit cards and auto loans.
• With the federal funds rate remaining in a target range of 3.5% to 3.75%, here’s what you can expect to see happen to various borrowing and savings rates.

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