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Fed Holds Rates
The Federal Reserve is likely to hold interest rates steady next week. Here's what that means for your money
The Fed is unlikely to cut interest rates again when it meets next week, delaying any relief from high borrowing costs.
Federal Reserve holds policy rate at 4.25%-4.50%
As widely expected, the Federal Reserve held its policy rate at 4.25%-4.50% on Wednesday, as the Federal Open Market Committee assesses the economy for evidence that a disinflationary trend is continuing.
Fed Holds Rates Steady Amid ‘Elevated’ Inflation and Trump Uncertainty
Though the Fed and its chairman, Jerome Powell, repeatedly tout their independence from the political world, it is clear from comments from Fed officials that they believe inflati
14h
This Week In Credit Card News: The Numbers Show That Consumers Are Stressed
Consumer Stress Is on the Rise Rising auto repossessions and a growing rate of minimum credit card payments offer signs ...
1d
The economy's strong. Why are more Americans barely making credit card payments?
Despite a strong economy, the share of Americans making only the minimum credit card payment hit a 12-year high and ...
17h
First Bank doubles its earnings while Customers takes a hit in mixed year for local banks
The impact of the Fed's combined 1% rate reduction over the last several months is already filtering through the banking ...
7d
More People Are Only Paying The Minimum Payment As Credit Card Balances Rise
Higher interest rates that increase borrowing costs appear to be creating a growing financial strain on consumers.
2d
on MSN
The Fed meets for the first time since Trump's term started. Here's what to expect
If virtually every indication so far is accurate, the new leader of the free world is unlikely to get what he wants, at least ...
AOL
2d
When’s the next Federal Reserve meeting? What to expect — and how it affects your finances
Voting FOMC members always include the president of the
Federal
Reserve
Bank of New York and one each from the following four bank groups, based on a rotating schedule: Boston,
Philadelphia
and ...
ConsumerAffairs
4d
Fed report finds more Americans are feeling financial stress
There’s growing evidence that Americans are struggling with their credit card debt, which has grown significantly since the ...
CNBC on MSN
8d
A record number of consumers are making minimum credit cards payments as delinquencies also rise
Consumer stress has intensified, with an escalating share of credit card holders making only minimum payments on their bills, ...
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