More People Are Only Paying The Minimum Payment As Credit Card Balances Rise
Higher interest rates that increase borrowing costs appear to be creating a growing financial strain on consumers.
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.
Central Banking14d
Philadelphia Fed documents troubling credit trends in US
Researchers from the Federal Reserve Bank of Philadelphia have found troubling trends in US consumer credit.
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 ...
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.
Yahoo Finance9d
The economy's strong. Why are more Americans barely making credit card payments?
Americans are not OK financially, according to the Philadelphia Federal Reserve. The share of active credit card ...
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 ...
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 ...
The Federal Reserve should resist pressure from Trump and defend its independence, experts say
President Trump has said he will "demand" lower interest rates, raising questions about his ability to influence the Federal Reserve.
NBC Washington14d
The Federal Reserve is likely to hold interest rates steady next week. Here's what that means for your money
So far, the central bank has moved slowly to recalibrate ... recently jumped to a 12-year high, according to a Philadelphia Federal Reserve report. "That means it is maybe more important ...