How to Read the Fed’s Projections Like a Pro
The Federal Reserve is expected to leave rates unchanged on Wednesday. But Wall Street is focused on what comes next.
Posted inAutomobile Financing Credit and Debt Credit Cards Home Equity Loans Inflation (Economics) Interest Rates Money Market Accounts Mortgages Personal Finances Student Loans United States Economy
How Fed Rates Influence Mortgages, Credit Cards and More
Higher rates benefit those who can save, but for borrowers falling rates would reduce bills on credit cards, home equity loans and other forms of debt.
Posted inConsumer Price Index Inflation (Economics) Interest Rates Real Estate and Housing (Residential) Renting and Leasing (Real Estate) United States Economy
Housing Costs Cool, but Remain a Source of Concern
Housing costs were up 5.4 percent in May from a year earlier, the smallest increase in more than two years. But monthly progress has slowed.
Food Inflation Eased Again, Welcome News for Shoppers
Although food price gains have cooled, prices remain much higher than they were several years ago, squeezing consumers.