Tax cuts pushed by President Trump are amplifying debt and deficit concerns among the powerful market players who influence interest rates.
Category: Federal Reserve Bank of New York
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It’s Not Too Late to Rein In Holiday Spending
Research suggests that you’ll spend less than you otherwise would by setting a strict budget — even if you go over the budget.
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Homeowners Tap Into Their Rising Home Equity
Balances on home equity lines of credit have risen along with home equity loans. Popular reasons for borrowing include home renovations and repairs and debt consolidation.
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Americans Growing Worried About Losing Their Jobs, Labor Survey Shows
The New York Fed’s labor market survey showed cracks just as Jerome H. Powell, the Fed chair, prepares for a closely watched Friday speech.
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Alzheimer’s Takes a Financial Toll Long Before Diagnosis, Study Finds
New research shows that people who develop dementia often begin falling behind on bills years earlier.
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Inflation Data Could Show Signs of Progress After Disappointing Run
The Consumer Price Index, which will be released on Wednesday morning, could show price gains moderated a bit in April.
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The Perils of the Fed’s Vast Bond Holdings
The Federal Reserve is shedding assets at a glacial pace, exposing the financial system to continuing risks, our columnist says.
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Car Deals Are Easier to Find but Lenders Are Tightening Their Terms
It has become harder for some borrowers to get affordable car loans as banks and dealerships face a rising number of delinquencies.
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Credit Card Debt Hits New Peak as Some Borrowers Face Financial Strain
Debt rose to more than $1 trillion in the second quarter, a report found — a sign of financial strain for some, even before student loan payments resume.
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How Long Will Interest Rates Stay High?
It’s pricey to borrow to buy a business, car or home these days. Interest rates are expected to fall in coming years — how much is up for debate.
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A Fed Official Wonders: ‘Do We Need to Do Another Rate Increase?’
The head of the powerful New York Fed said that it was an “open question,” and that rates could fall next year.