If interest rates declined by 1 percentage point, the average buyer would save $20 on their monthly payment The Federal Reserve cut its benchmark interest rate by 50 basis points on Wednesday, but ...
While rate cuts are welcome in much of the economy, they pose problems for risk-averse investors who relish high money market and bond yields. By Jeff Sommer Jeff Sommer writes Strategies, a weekly ...
It came as no surprise to anyone that the Federal Reserve cut the benchmark interest rate by another 25 basis points, or a quarter of a percentage point, on Dec. 18, bringing the target range down to ...
President Trump’s proposed 10% credit card rate cap could kill cashback, restrict risky borrowers, and slow GDP. Read what ...
Forbes contributors publish independent expert analyses and insights. Decision-makers at the Federal Reserve usually monitor issues connected to their dual mandate to keep employment high and ...
The Federal Reserve on Wednesday kept interest rates unchanged and provided scant insight into when further cuts may take place – sparking a quick rebuke from President Donald Trump. Emerging from ...
Interest rates continue to be in the news, with people wringing their hands and howling at the sky about just how high rates have gotten. The problem with this, of course, is that rates aren't that ...