Personal Finance Advice and Commentary

Tuesday, December 16, 2014 3:00 pm
By Dr. Don Taylor ·

The Fed is likely to modify the phrasing of its policy statement to signal that an increase in the targeted federal funds rate is not a “considerable time” off in the future.

Friday, August 22, 2014 2:30 pm
By Mark Hamrick ·

Fed Chair Yellen discusses weakness remaining in the job market and how it affects interest rates.

Friday, March 07, 2014 9:38 am
By Sheyna Steiner ·

CD rates are still at historical lows all over the country, but some cities enjoy higher rates than others.

Wednesday, July 17, 2013 5:48 pm
By Claes Bell, CFA ·

It may not be a “recovery summer” but the Federal Reserve’s Beige Book shows broad but measured growth across many industries and areas of the country.

Wednesday, February 06, 2013 4:36 pm
By Sheyna Steiner ·

The opposite side of today’s low CD rate coin can be found in the ’80s when interest rates were high — on everything.

Wednesday, January 30, 2013 3:40 pm
By Mark Hamrick ·

The Fed sticks with a target for the benchmark rate of between zero percent and 0.25 percent. That’s nice for borrowers but not for savers.

Wednesday, January 30, 2013 2:18 pm
By Mark Hamrick ·

The Federal Reserve says it will keep the federal funds rate near zero percent until joblessness drops.

Thursday, November 15, 2012 5:02 pm
By Sheyna Steiner ·

According to the minutes from the October meeting, the FOMC discussed how to effectively communicate the path of interest rates and additional asset purchases.

Thursday, September 13, 2012 1:56 pm
By Sheyna Steiner ·

The Federal Reserve is ready to rescue the economy with another large-scale asset purchase program.

Wednesday, August 01, 2012 2:14 pm
By Sheyna Steiner ·

No changes to monetary policy or interest rates came out of this week’s meeting of the Federal Reserve’s rate-setting committee.

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