Personal Finance Advice and Commentary

Wednesday, October 30, 2013 2:00 pm
By Mark Hamrick ·

In the wake of the partial government shutdown, the Federal Reserve is continuing monthly asset purchases.

Thursday, January 03, 2013 4:42 pm
By Janna Herron ·

FOMC members are split on when to end quantitative easing, some favoring as early as the end of this year.

Wednesday, December 12, 2012 1:30 pm
By Sheyna Steiner ·

The FOMC left the benchmark rate low and expanded the stimulus program known as QE3 — but tied its rate forecast to unemployment and inflation.

Wednesday, December 12, 2012 12:33 pm
By Sheyna Steiner ·

The FOMC will keep the federal funds rate at its current ultralow level and voted to expand the bond-buying program announced in September, known as QE3.

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.

Wednesday, October 24, 2012 2:47 pm
By Sheyna Steiner ·

Interest rates will remain painfully low for savers, while borrowers who qualify will find the mortgage rates of a lifetime. Credit card rates will remain low, as will car loan rates.

Friday, October 05, 2012 11:23 am
By Claes Bell ·

The Fed, faced with a laundry list of economic troubles and stubborn unemployment, decided to go all-in on job growth.

Tuesday, September 18, 2012 5:20 pm
By Claes Bell ·

QE3 is bad news for CD investors in the short term, but if it works it could help CD rates recover over the long term.

Thursday, September 13, 2012 5:15 pm
By Polyana da Costa ·

Now that the Fed hit the panic button, how low do you think mortgage rates will go?

Thursday, September 13, 2012 5:11 pm
By Claes Bell ·

At a scheduled press conference, Federal Reserve Chairman Ben Bernanke cited the continued struggles of the U.S. job market as the reason for announcing QE3.

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