President Donald Trump said U.S. economic growth could be record-setting if the Federal Reserve would only lower interest rates further, as reports on Thursday painted a decidedly mixed picture of the nation's economy.
Newsmax. Thu, 22 Aug 2019 12:23:39 EDT.
The Fed's decision to change short-term interest rates usually impacts consumers' spending habits in a number of ways depending on various economic factors.
Sandip Chakraborty. Zacks. Tue, 13 Aug 2019 10:30:00 GMT.
LONDON (AP) - Wages in Britain are rising at their fastest rate since the global financial crisis over a decade ago as the number of people in work hit a record high despite Brexit headwinds, official figures showed Tuesday. ...
Pan Pylas. Washington Times. Tue, 13 Aug 2019 05:32:02 -0400.
U.S. President Donald Trump on Friday called on the Federal Reserve to lower interest rates by a full percentage point, saying the nation's economy was being "handcuffed" by the U.S. central bank's monetary policy.
Newsmax. Fri, 09 Aug 2019 10:45:22 EDT.
Recently, Fed Chairman, Jerome Powell, gave his semi-annual Congressional testimony on Monetary Policy. He was dovish on interest rates, which was not a surprise as the financial markets have been pricing in a rate cut.
By Benjamin C. Halliburton, Authorvoice. Forbes. Fri, 2 Aug 2019 14:09:00 +0000.
The cost of borrowing is coming down. For the first time since the 2008 financial crisis, the Federal Reserve cut interest rates. The central bank lowered the benchmark federal funds rate by a quarter percentage point Wednesday. ...
CBS News. Thu, 01 Aug 2019 15:43:04 -0400.
View this website to learn about the Federal Funds rate, which is the rate at which banks lend money to each other from their deposits to the Federal Reserve Bank.
This page lists the advantages and disadvantages of fixed-rate mortgages. Tips about knowing which type of mortgage is best for you are included.
Variable rate mortgages do not have a fixed interest rate over the course of the loan. This page describes the pros and cons of variable rate mortgages.