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The decision comes amid soaring inflation and a volatile stock market. ABC News' Mona Kosar Abdi has more. Consumers could soon feel a bigger squeeze on credit cards, debts and mortgages. In an effort to bring down the worst inflation the U.S. has seen in years, regulators are prepared to ABC News business reporter Alexis Christoforous explains the impact on consumers if
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Last Updated: June 6, 2026
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