Personal Finance Advice and Commentary

Thursday, July 21, 2016 6:50 pm
By Stephen Pounds ·

Next week, the Federal Open Market Committee meets to decide on the direction of monetary policy. Currently, the fed funds rate sits at 0.25% to 0.5%.

Tuesday, December 29, 2015 10:08 am
By Dr. Don Taylor ·

The Federal Open Market Committee (FOMC) influences reserve availability using open market operations by adding or removing reserves from the banking system.

Monday, November 09, 2015 1:32 pm
By Dr. Don Taylor ·

Will short-term interest rates rise at the Fed meeting in December? How will bond investors react?

Monday, June 22, 2015 7:00 am
By Dr. Don Taylor ·

With the Fed not raising its targeted federal funds rate on Wednesday, investors in certificates of deposit will have to wait on the prospect of higher short-term interest rates.

Wednesday, January 04, 2012 5:12 pm
By Sheyna Steiner ·

Yesterday the minutes from the most recent meeting of the Fed’s rate setting committee, the Federal Open Market Committee were released. In them, it was revealed that the central bank will be unveiling a new way of communicating the individual member’s thoughts about the path of interest rates. While that will be illuminating for economy

Tuesday, August 09, 2011 4:14 pm
By Marcie Geffner ·

Banking customers hoping for higher interest rates on savings accounts and deposit certificates got another bonk on the head Tuesday from the Federal Reserve, which said it plans to keep a key interest rate at the current level for another two years. The Federal Open Market Committee decided to keep its target range for the