Interest Rates

Federal Reserve Risks Recession In Order To Slow Inflation

Fed chair Jerome Powell thinks the labor market is strong enough to withstand higher borrowing costs without suffering widespread job losses.
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Is A Recession Coming In The U.S.? Here's What Experts Say.

Inflation, rising interest rates, the ongoing Ukraine war and the continuing pandemic are raising concerns. Here's what the economic experts say.
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The Fed Issued Its Biggest Rate Hike In 22 Years. Here's How That Will Affect Your Finances

Record-low mortgages below 3% are long gone. Credit card rates will likely rise. So will the cost of an auto loan.
By Christopher Rugaber, AP

The Huge Costs Of Student Debt

"Daily Finance" Senior Features Writer Bruce Watson joins Marc to explain the student debt crisis.
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Federal Reserve Taps Brakes On The Economy To Slow Inflation

“The American economy is very strong and well-positioned to handle tighter monetary policy," Fed chair Jerome Powell said Wednesday.
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Stocks Climb Back After Steep Slide On Fed, Ukraine Jitters

Stocks notched modest gains after climbing back from a steep slide that had knocked more than 1,200 points off the Dow Jones Industrial Average.
By DAMIAN J. TROISE and ALEX VEIGA, AP

Why Experts Predict 2021 Is The Year To Buy A Home, Despite Coronavirus

The full effects of the coronavirus pandemic on real estate won't be seen for several months.
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You Can Borrow From Your 401(k) With No Penalty ― But Should You?

There's more to lose than you might think.
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5 Ways The Fed's New Rate Cut May Affect You

The Federal Reserve’s decision to cut interest rates could have wide-ranging implications.
By Jonnelle Marte, Reuters

Trump Demands Fed Drop Rates To Zero. That Would Save Him $8 Million A Year.

The president called the Federal Reserve Board members "boneheads" as he pushed for a rate cut that would put money in his own pocket.
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