4 Money Moves You Should Make Now, Since the Fed Is Holding Rates High

The Federal Reserve paused rates this week, the third time it's done so this year. That may not sound too exciting, but it's worth paying attention to because it has real consequences for your finances.

The Fed's decisions impact everything from how much you pay on outstanding debt to how fast your savings grow. By making some smart moves now, you can get the biggest benefit from its latest rate pause.

Read more: Fed Meeting Keeps Interest Rates High. Here's Why That's a Big Deal for Your Finances

Make these 4 money moves now

Make the most of the Fed's pause by doing these things now.

✅ Open a certificate of deposit

Banks tend to follow the Fed's ...