As Financial Literacy Month continues, I joined CBS Mornings to break down what the Federal Reserve does and why it matters.
The Federal Reserve is expected to wrap up its first rate meeting of 2024 on Wednesday. I joined CBS Mornings to break down what to expect and how the Fed’s interest rate decisions affect your finances.
I joined CBS Mornings to discuss the news out of the latest Federal Reserve meeting, including how inflation is impacting the Fed's decision to pull back on the emergency policies it put in place during the pandemic and how likely interest rate hikes next year will impact consumers.
Federal Reserve Bank leaders, working to prevent an economic slowdown, begin two days of meetings on Tuesday. Economists predict they will announce an interest rate cut of 25 basis points, or a quarter of a percent. It would be the second cut this year.
Federal Reserve Bank leaders, working to prevent an economic slowdown, begin two days of meetings on Tuesday. Economists predict they will announce an interest rate cut of 25 basis points, or a quarter of a percent. It would be the second cut this year. I joined CBS This Morning to discuss how this could affect your bottom line.
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. The decision could make it easier for consumers to borrow money, on everything from credit cards to car loans.
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. The decision could make it easier for consumers to borrow money, on everything from credit cards to car loans. I joined CBS This Morning with a look at what the decision means for your wallet.
The cost of borrowing is going down, but so is the return on savings, after the Federal Reserve cut a key interest rate. CBS News business analyst Jill Schlesinger joins "CBS Evening News" to explain how it will impact Americans.
The cost of borrowing is going down, but so is the return on savings, after the Federal Reserve cut a key interest rate. I joined the CBS Evening News to explain how it will impact Americans.
Short-term interest rates are higher after the Fed raised rates Wednesday by a quarter point, to a range of 2.25 percent to 2.5 percent. It's the fourth rise this year and the highest level since 2008. The Dow closed down almost 352 points after the announcement, the lowest close of the year.
Short-term interest rates are higher after the Fed raised rates Wednesday by a quarter point, to a range of 2.25 percent to 2.5 percent. It's the fourth rise this year and the highest level since 2008. The Dow closed down almost 352 points after the announcement, the lowest close of the year. How does the rate rise impact Americans? I discussed on CBS This Morning.
Have a money question? Email me here.
The Federal Reserve says a "resilient economy" is one reason why it's raising a key interest rate for the second time this year. The central bank increased the short-term rate a quarter point on Wednesday to a range of 1.75 to 2 percent.
The Federal Reserve says a "resilient economy" is one reason why it's raising a key interest rate for the second time this year. The central bank increased the short-term rate a quarter point to a range of 1.75 to 2 percent. The Fed also predicts four rate hikes this year after an earlier forecast of three. I joined CBS This Morning to discuss what this means for you.
Have a money question? Email me here.
The goodwill of the Olympic Games appears to be thawing relations between North and South Korea. The North's leader, Kim Jong Un, invited South Korea's president to Pyongyang for a summit, in the hopes of easing tensions between the rival nations. The message was delivered by Kim's sister, just hours after the Winter Games opened in South Korea.
A wild week on Wall Street came to an end with a small rally on Friday. I joined CBS This Morning to explain why such volatility might not be a bad thing.