Browsing: Interest rate

Is the “checking account vs savings account” question bugging your wealth management endeavor? Maintaining the two may be the way out.

According to one economist, if the Fed cuts interest rates too much this month, it could cause economic problems. A…

With the further drop in mortgage refinance rates, the number of mortgage refinance applications skyrocket.

The 30-year mortgage rates in the U.S. have dropped to the lowest level in 16 months, signaling hope for prospective buyers

Fed Chair Jerome Powell recently gave a speech announcing that the time has come for a new federal interest rate cut

Philadelphia Federal Reserve President Patrick Harker revealed that the Federal Reserve may reduce the federal interest rate in September. Harker…

A report from the Labor Department, which was released on Wednesday, showed that inflation, the steady increase in the price…

Inflation went up again in February 2024. This means the Federal Reserve will probably wait until at least summer to…

It seems like interest rates will stay high for a while in 2024. People who are close to retiring should…

As borrowers feel the bite, savers receive high interest on their deposits, especially if they involve certificates of deposits (CDs).