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Tag: Interest Rates
Credit Suisse seeking to assure investors amid financial concerns: FT
A Swiss flag flies over a sign of Credit Suisse in Bern, Switzerland FABRICE COFFRINI | AFP | Getty Images Credit Suisse executives are in talks with its major investors to reassure them amid rising c...
Inflation accelerated even more than expected in August
Inflation in August was stronger than expected despite the Federal Reserve’s efforts to bring down prices, according to data Friday that the central bank follows closely. The personal consumptio...
Four Reasons Why The Federal Reserve Is Tightening Into A Recession
What is Jerome Powell thinking? Getty Images For the first time since the early 1980s, the Federal Reserve is tightening into a recession. The economy is slowing quickly, and leading economic indicato...
Fed Vice Chair Brainard warns against retreating from inflation fight prematurely
U.S. Federal Reserve board member Lael Brainard speaks after she was nominated by U.S. President Joe Biden to serve as vice chair of the Federal Reserve, in the Eisenhower Executive Office Building’s ...
Erdogan says Turkey will keep cutting interest rates, mocks British pound
Turkish President Tayyip Erdogan addresses members of his ruling AK Party (AKP) during a meeting at the parliament in Ankara, Turkey May 18, 2022. Murat Cetinmuhurdar/Presidential Press Office/Handout...
Uber Creates Abundant Supply, Price Controls Create Shortages
Do you ever wonder why there’s generally always an “UberUBER ” when you need one? Don’t worry, the post-lockdown exception to this rule will be discussed at conclusion. For now, think about why Uber i...
The Most Recent Inflation Trend Matters The Most
Stones in calm water with evening sun getty On Wednesday, the Fed officially raised its rate target by three quarters of a percentage point, increasing the rate it pays on reserve balances to 3.15 per...
Weakening Stock Market Worsened By Strong Dollar
Foreign inflows into the U.S. securities market, including stocks, helped drive up the dollars value … [+] against core currencies. Now it’s a headwind. (Photo by China Photos/Getty Images...
Goldman Sachs Just Lowered Its S&P 500 Price Target. How Low It Could Go.
Text size Traders working at the New York Stock Exchange (NYSE), today, Thursday, June 16, 2022. NYSE Goldman Sachs finally decided to stop fighting the Fed and lowered its year-end forecast for the S...
If you’re selling stocks because the Fed is hiking interest rates, you may be suffering from ‘inflation illusion’
Forget everything you think you know about the relationship between interest rates and the stock market. Take the notion that higher interest rates are bad for the stock market, which is almost univer...
‘The housing market may have to go through a correction’: Mortgage rates hit 6.29%, Freddie Mac says
The numbers: U.S. mortgage rates continue to climb, adding hundreds of dollars in costs to potential homeowners. The increase in mortgage rates followed the Federal Reserve hiking interest rates again...
The Stock Market Is Getting Crushed Again. But the Pain Is Almost Over.
Text size The Fed is trying to stamp out inflation by reducing economic demand, which is hurting the stock market. Michael M. Santiago/Getty Images The stock market has once again gone into selloff mo...
Here’s The Schedule For The Remaining Fed Decisions Of 2022, And What The Market Expects
Jerome Powell, chairman of the US Federal Reserve, arrives to speak during a news conference … [+] following a Federal Open Market Committee (FOMC) meeting in Washington, D.C., US, on Wednesday,...
CD rates are higher, but should you put your cash in them? Consider your goals.
This article is reprinted by permission from NerdWallet. The investing information provided on this page is for educational purposes only. NerdWallet does not offer advisory or brokerage services, nor...
The Fed raised rates — retirees and near-retirees should do this
Retirees have to watch their spending, especially after the Federal Reserve’s latest rate hike announced on Wednesday. For the third time in a row, the Federal Reserve said on Wednesday it would rais...
Brace yourselves, the Fed is about to inflict ‘some pain’ to fight inflation — here’s how to prepare your wallet and portfolio
The Fed is ready to bring the pain. Are you prepared? Weeks ago, Federal Reserve Chair Jerome Powell cautioned there would be “some pain to households and businesses” as the central bank jacks up inte...
The Fed just ‘went big’ on its rate hike. Here’s who’s likely getting a financial boost from that — and ‘at levels last seen in 2009’
With rates on CDs now well above 0.60%, experts agree that sticking with a longer-term plan is the best way to get the biggest bang for your dollar. Getty Images/iStockphoto In its efforts to reign in...
Why Are Stocks And Bonds Both Down? Part II
Photo taken inside an elevator going down to the second floor getty Part II: Stocks In my last article, I looked at how changes in interest rates affect bond prices. It might seem that stocks are very...
What the inverted yield curve means for your portfolio
Morsa Images | E+ | Getty Images As investors digest another 0.75 percentage point interest rate hike by the Federal Reserve, government bonds may be signaling distress in the markets. Ahead of news f...
Here’s Everything Costing More As Fed Raises Interest Rates
Topline The Federal Reserve on Wednesday again authorized one of the biggest interest rate hikes in 28 years as part of its effort to combat the quickest surge in prices in four decades—doubling down ...
Fed approves third large interest rate hike and signals more before year-end
The Federal Reserve on Wednesday stepped up its aggressive fight against high inflation by agreeing to the third straight super-sized increase in interest rates and signaling more big hikes before the...
What the Fed’s big interest rate hikes mean for Main Street economy
Federal Reserve Board Chairman Jerome Powell speaks during a news conference following a two-day meeting of the Federal Open Market Committee (FOMC) in Washington, July 27, 2022. Elizabeth Frantz | Re...
Fed Raises Interest Rates 0.75 Percentage Points, Planning Further Hikes In 2022 And 2023
Federal Reserve Chairman Jerome Powell speaks during a news conference at the Federal Reserve Board … [+] building in Washington, July 27, 2022. The Fed today increased interest rates continuing...
Rates raised by three-quarters of a percentage point
The Federal Reserve on Wednesday raised benchmark interest rates by another three-quarters of a percentage point and indicated it will keep hiking well above the current level. In its quest to bring d...
How New York Usury Law Tripped Up An Over-Smart Lender
New York has a convoluted body of usury law that deems certain loans usurious and invalidates them. New York’s usury law almost never actually applies to any loan because the law is riddled with so ma...
Here’s everything the Federal Reserve is expected to do today
Construction workers outside the Marriner S. Eccles Federal Reserve Building, photographed on Wednesday, July 27, 2022 in Washington, DC. Kent Nishimura | Los Angeles Times | Getty Images There’...
Opinion: The Federal Reserve is missing a crucial turning point in its fight against inflation because it believes in flawed data
The Federal Reserve can’t see the probable economic crash that is coming because it’s still looking into the rearview mirror, where it sees nothing but high inflation. The danger arises because the co...