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Story summary
- In April 2026, unemployment rose by 92,000 jobs in February and inflation remained at 2.4%, marking economic pressure.
- The Federal Reserve paused interest rate cuts, with no reductions since December.
- A $30,000 personal loan over two years costs between $1,400 and $1,415 per month, depending on the rate.
- While personal loans are unsecured, borrowers may consider home equity lines of credit (HELOCs), which have lower rates but require home collateral.
