Wednesday’s need-to-know money news

Today’s top story: Fed hoists key interest rate as mortgage rates reach new heights. Also in the news: A new episode of the Smart Money podcast on recession prep, a quiz to cut your credit card costs, and how long it could take for business travel to return to normal.

Fed Hoists Key Interest Rate as Mortgage Rates Reach New Heights
Some 30-year fixed mortgage interest rates surpassed 6% even before the Federal Reserve’s 75-point increase to the federal funds rate.

Smart Money Podcast: Recession Prep, and Lightning Round Money Questions
This week’s episode starts with a discussion about how to prepare your finances for a recession.

Pass This Credit Card Quiz and Cut Your Costs
Put your credit card knowledge to the test. Knowing the correct answers could save you money.

How Long Until Business Travel Returns to Normal?
Business travel is down, big-time, with experts anticipating a slow return to 2019 levels.

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