Interest rates play a crucial role in shaping the true cost of a used car. The more expensive the car, and the higher the rate, the more expensive the monthly payment will be. But by how much? There ...
Millions of Americans will feel the brunt of another Federal Reserve interest rate hike, the largest level in over two decades. Fed Chairman Jerome Powell, part of the 12-member Federal Open Market ...
Global central bank interest rates have tripled to its highest level since 2000. Yet industrial output has remained high, which is unusual for periods when rates are moving sharply higher. "We don't ...
The broadest measure of inflation -- the Consumer Price Index for All Urban Consumers (CPI-U) -- has shown clear signs of tapering over the past year. However, a "core" component of the CPI-U remains ...
With over four years of experience writing in the housing market space, Robin Rothstein demystifies mortgage and loan concepts, helping first-time homebuyers and homeowners make informed decisions as ...
Certificates of deposit offer a way to grow your money with fixed terms and set interest rates. For years, CDs have been a go-to for individuals seeking low-risk investment options. However, trends on ...
Both federal and private student loans come with interest, which is essentially the cost you pay in return for borrowing money. While student loans can come with other fees, you’ll likely see the ...
The Federal Reserve released its latest quarterly Summary of Economic Projections (SEP) report last week. Compared to its previous forecasts, the Fed expects slower U.S. economic growth in 2025, with ...