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.
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 ...
Philadelphia organization fears impact of Trump's executive order freezing federal grants and loans
Philadelphia-based GALAEI is voicing concerns over Trump's recent executive order freezing federal grants and loans.
Fed officials are raising concerns about the impact Trump's tariffs could have on inflation
Federal Reserve officials take great pains not to comment on fiscal policy, but the looming threat from tariffs is forcing their hand.
Forbes8d
This Week In Credit Card News: The Numbers Show That Consumers Are Stressed
The number of credit card holders making only minimum payments on their bills has jumped to a 12-year high, a study by the Philadelphia Federal Reserve found. The level of cardholders only making ...
The Fed’s go-to inflation gauge heated up again
The Federal Reserve’s preferred inflation gauge moved even higher in December, driven largely by rising energy prices as well ...
The Advocate7d
Delinquent credit card debt in Acadiana now at 15-year high
The rate of total borrowers in Acadiana with several delinquent credit card debt reached 14.7% at the end of 2023.
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 ...
FOX 297d
Ex-Fed adviser charged with helping China manipulate US markets
A former senior adviser to the Federal Reserve has been indicted for allegedly conspiring to pass confidential U.S. economic ...
AOL9d
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 ...
Federal Reserve holds interest rates steady as inflation remains above 2%
The Federal Reserve opted to leave its benchmark interest rate unchanged in its first policy meeting since President Trump's ...