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Interest Rates

Fed’s Waller says officials can ‘wait, watch and see’ before acting on interest rates

by Adrian Jhonsan
Fed’s Waller says officials can ‘wait, watch and see’ before acting on interest rates

Christopher Waller, U.S. President Donald Trump’s nominee for governor of the Federal Reserve, listens during a Senate Banking Committee confirmation hearing in Washington, D.C., on Thursday, Feb. 13, 2020. Andrew …

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Categories World

Australia central bank considered raising rates in October: RBA minutes

by Adrian Jhonsan
Australia central bank considered raising rates in October: RBA minutes

Reserve Bank of Australia (RBA) at the central bank’s building in Sydney, Australia on May 2, 2022. Brendon Thorne | Bloomberg | Getty Images Australia’s central bank considered a rate …

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Categories World

Car Buyers Are Taking Out 17%

by Adesola Mojo
Car Buyers Are Taking Out 17%

It’s expensive to be poor, especially if you’re a victim of America’s capricious, inscrutable credit rating system. But, in most places, you still need a car and that has forced …

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Categories Automobile

Risk-taker’s market? Protecting against market ugliness

by Adrian Jhonsan
Risk-taker’s market? Protecting against market ugliness

It may be a risk-taker’s market. Investor and personal finance author Ric Edelman believes it’s a practical strategy to take chips off the table right now. “It comes down to …

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Categories World

Getting to 2% inflation won’t be easy. This is what has to happen

by Adrian Jhonsan
Getting to 2% inflation won’t be easy. This is what has to happen

A construction in a multifamily and single family residential housing complex is shown in the Rancho Penasquitos neighborhood, in San Diego, California, September 19, 2023. Mike Blake | Reuters In …

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Categories World

3 ways to avoid paying more than what you owe on credit cards

by Adrian Jhonsan
3 ways to avoid paying more than what you owe on credit cards

Given record-high interest rates, now is not the time to be taking on more credit card debt. The Federal Reserve is expected to further hike interest rates before the end …

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Categories World

Hawkish Fed? Hot PPI? Investors shrugged

by Milton Acorn
Hawkish Fed? Hot PPI? Investors shrugged

U.S. Federal Reserve Chair Jerome Powell speaks during a news conference after a Federal Open Market Committee (FOMC) meeting on September 20, 2023 in Washington, DC. Chen Mengtong | China …

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Categories Science

A recession may still be in the forecast. How you can prepare

by Adrian Jhonsan
A recession may still be in the forecast. How you can prepare

Shoppers along the Magnificent Mile shopping district in Chicago on Aug. 15, 2023. Jamie Kelter Davis | Bloomberg | Getty Images A recession has been in the forecast for much …

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Categories World

Investors shrugged off a hawkish Fed and hot PPI

by Adrian Jhonsan
Investors shrugged off a hawkish Fed and hot PPI

Jerome Powell, chairman of the US Federal Reserve, during a roundtable event in York, Pennsylvania, US, on Monday, Oct. 2, 2023. Ryan Collerd | Bloomberg | Getty Images This report …

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Categories World

PPI September2023: Wholesale inflation rose 0.5%

by Adrian Jhonsan
PPI September2023: Wholesale inflation rose 0.5%

A measure of wholesale prices rose more than expected in September, indicating simmering inflation pressures for the U.S. economy. The producer price index, which measures costs for finished goods that …

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Categories World
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