7 Takeaways From the Fed Meeting and Powell’s News Conference
By raising interest rates a quarter-point, the Federal Reserve signaled that it was continuing to fight inflation, but it was holding off an aggressive move that might spook investors.
Posted inBanking and Financial Institutions Federal Reserve System Interest Rates Stocks and Bonds United States
Stock Investors Trade Cautiously Ahead of Fed’s Rate Decision
There is widespread uncertainty about whether the Federal Reserve will continue raising rates as the banking industry teeters. “It’s a coin toss now,” one strategist said.
Posted inCredit Cards Federal Reserve System Interest Rates Mortgages Personal Finances Savings Student Loans
What Fed Rate Moves Mean for Mortgages, Credit Cards and More
Savers will benefit and borrowers can expect to pay more on credit cards, student loans and other forms of debt.
Posted inBanking and Financial Institutions Federal Reserve System Inflation (Economics) Interest Rates Prices (Fares, Fees and Rates) United States Economy
How the Banking Crisis Has Had the Same Effect as a Fed Rate Increase
Some analysts say that the banking industry tumult has slowed the economy as banks pull back on lending.