Personal Finance Advice and Commentary

Tuesday, August 09, 2016 11:45 am
By Stephen Pounds ·

Federal Reserve Chair Janet Yellen returns to the most-watched economic confab of the year — the symposium in Jackson Hole, Wyoming — after missing last year’s, and all ears will be listening for a hint at monetary policy for the rest of the year.

Thursday, August 04, 2016 1:34 pm
By Stephen Pounds ·

The Bank of England cut its key bank rate to 0.25% as it tries to dampen a recession that economists had predicted following the vote by the U.K. to leave the European Union.

Wednesday, July 27, 2016 2:00 pm
By Stephen Pounds ·

The central bank votes thumbs-down to an increase in interest rates, kicking the can down the road to at least September.

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.

Tuesday, September 08, 2015 12:16 pm
By Dr. Don Taylor ·

Will the Fed raise its targeted federal funds rate in September? The world will know after it meets in mid-September. Is it time to put away the punch bowl?

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, June 17, 2015 1:55 pm
By Sheyna Steiner ·

Janet Yellen and her Federal Reserve colleagues are still looking for the right time to raise interest rates.

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.

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