Category: Federal Reserve System

Is It Time for a High-Yield Savings Account? What to Know About Rates.

The New York Times – Business:
Some online banks offer yields of 3.3 percent or more, but savers may be reluctant to open one because they think it will be a hassle.
La Fed aumentó su tasa de interés. Esto significa para tu dinero

The New York Times – Business:
Los ahorradores se benefician y los deudores pueden esperar que sus deudas en tarjetas de crédito, préstamos estudiantiles y otros créditos aumenten.
Can A Trillion Dollar Coin Resolve the Debt Ceiling Crisis?

The New York Times – Business:
The latest standoff over raising the nation’s debt ceiling is giving new life to an old theory about how to avoid a default.
What Fed Rate Increases Mean for Mortgages, Credit Cards and More

The New York Times – Business:
Savers will benefit and borrowers can expect to pay more on credit cards, student loans and other forms of debt.
Stock Market’s Newfound Optimism Faces Test as Fed Meets

The New York Times – Business:
Recent stock gains have been driven by hope that a rate-raising cycle is close to ending. If investors decide they were wrong about this, a drop could follow.
U.S. Wages Grew More Slowly Than Expected Late Last Year

The New York Times – Business:
The Employment Cost Index, which Federal Reserve officials watch closely as a gauge of pay trends, is picking up more slowly.
Wall Street Is Counting on a Debt Limit Trick That Could Entail Trouble

The New York Times – Business:
If the debt limit is breached, investors expect Treasury to put bond payments first. It’d be politically and practically fraught.
Smaller Rate Increase by Federal Reserve Likely as Inflation Cools

The New York Times – Business:
America’s central bank is expected to raise rates by a quarter point on Wednesday. The question now is what comes next.
A Closely Watched Measure of Inflation Slowed in December

The New York Times – Business:
The Personal Consumption Expenditures price index climbed 5 percent from a year earlier, slower than the reading last month.
Consumer Spending Slid Again in December

The New York Times – Business:
Fresh data offered more detail on how shoppers retrenched at the end of 2022.
U.S. Economy Grew at 2.9% Annual Rate in Fourth Quarter

The New York Times – Business:
Activity at the end of last year showed the resilience of American consumers and businesses in the face of rising inflation and interest rates.
The U.S. economy grew at an annual rate of 2.9 percent in the fourth quarter.

The New York Times – Business:
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