The Federal Reserve’s first key interest rate cut in four years coincides with another major four-year event: the homestretch of the presidential election. Fed Chair Jerome Powell downplayed the ...
Outstanding credit card balances are the highest on record, averaging $4,300. Non-mortgage delinquencies are on the rise, surpassing levels from the early days of the pandemic in 2020. Provisions for ...
Remember, the Fed has a “dual mandate” – helping to manage national prices and employment. The cheaper financing created by the Fed’s cut on Wednesday will certainly give the economy a boost, ...
The Federal Reserve’s first key interest rate cut in four years coincides with another major four-year event: the homestretch of the presidential election. But the central bank insists it looks only ...