Dave Ramsey's best advice for fixing credit card debt: 'People are hurting'

.DaveRamsey shares his best advice for fixing credit card debt: 'People are hurting'

Economic experts Danielle DiMartino Booth and Alli McCartney react to the Federal Reserve raising interest rates by 75 basis points on 'Making Money.'

New economic projections released after the two-day meeting show policymakers expect interest rates to hit 4.4% by year's end — suggesting that another three-quarter percentage point increase is on the table. Amid today's high inflation, personal finance expert and bestselling author Dave Ramsey of Ramsey Solutions shared advice for American consumers about getting high credit card balances down.

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