At the end of December, student loan debt reached $1.2 trillion.
Investors who wouldn’t dream of buying on margin in their brokerage account, decide that they will borrow against the equity in their home to invest in the market.
Last week’s meeting of the Fed was generally interpreted as bullish on the economy and bolstered confidence that an interest rate increase could indeed come this year.
This week’s highlights will include updates on jobs and wages and a birthday for the euro.
The Fed still says, “No rush!” But you still need to be ready for when rates rise.
The federal funds rate will remain ultralow, targeting between zero and 0.25 percent.
The “big game” among this week’s economic events is the Federal Reserve meeting. The Federal Open Market Committee huddles just days after Europe’s Central Bank took a page out of the Fed’s playbook, embarking on a trillion euros in asset purchases intended to lift the region’s economy. It says something about our time that there’s
This week’s economic reports shine a spotlight on the housing market.
This week brings new inflation data, updated holiday sales numbers and a Bezos birthday.
Minutes from last month’s Fed meeting indicate a rate hike may be a few months off.