Posts tagged Federal Reserve
CBS Mornings: Fed’s First Rate Meeting of 2024

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.

CBS This Morning: Impact of Rate Cut

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.

CBS This Morning: How Does the Rate Hike Impact You?

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.

CBS This Morning: How Does the Latest Rate Hike Impact You?

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.

CBS This Morning: Why Stock Market's Recent Volatility is Healthy

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.