Economy News Economy Struggling With High Interest Rates And Stubborn Inflation
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Fed cuts interest rates as inflation, housing costs strain Americans
The Fed lowers rates by a quarter point as inflation stays stubborn, stocks rally, and Americans face rising housing costs and challenges affording essentials. Read More
Rescue the job market or stop inflation? A rate cut from the Fed this week could hit your wallet — and your paycheck
With inflation creeping higher again, cash sitting in a checking or low-rate savings account is effectively losing value. High-yield savings accounts are still offering returns above the current ... Read More
Wait, I thought the economy was terrible. What happened?
“The economy is struggling to create jobs. The unemployment rate is low but it’s now showing some stress,” Zandi said, adding that the closer the rate gets to 5%, the greater the risk of a ... Read More
RBA preview December: set to hold rates amid stubborn inflation
Investing.com-- The Reserve Bank of Australia (RBA) is expected to leave interest rates unchanged at its Dec. 9 policy meeting, with investors looking for any shift in tone as the central bank ... Read More
Safer Options Than a Cash Out Refi To Eliminate High-Interest Debt
Discover safer alternatives to cash-out refinancing to pay off high-interest debt and protect your home equity while reducing financial risk. Read More
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