All of your money questions and concerns answered as you journey through these uncertain times.
And there are more increases yet to come in 2022, according to the central bank. The Federal Reserve raised interest rates Wednesday for the first time in more than three years, and expects to approve a half-dozen more increases throughout the year to help counter soaring inflation. The Federal Open …
Recession fears, interest rate hikes, salary negotiations, layoffs: We have to talk about it. What's happening The job market appears to be holding with a 3.5% unemployment rate, but more layoffs are happening. Why it matters If the Federal Reserve continues to raise interest rates to slow the economy, …
This marks the seventh Fed rate hike this year, in response to high inflation. The Federal Reserve on Wednesday announced another interest rate hike, of half a percentage point, ending the year with a total of seven rate increases. Though still substantial, this latest rate hike was smaller than the …
Whether you're paying down debt or saving, here's what the latest Fed rate hike means for you.
One good report isn't likely enough for the Fed to lower interest rates in the near future. Money moves you can make in the short term. Key takeaways Both the Consumer Price Index and the core index declined slightly for the first time this year. • Inflation rates have remained stubbornly high in 2024. …
