
Women are more likely to feel stressed about their finances than men – here’s what to do about it
Experts say long-standing issues such as the gender pay gap are contributing to women’s financial stress.
The Federal Reserve is one of the most complex institutions in the world; yet, its decisions impact consumers’ wallets more than any other policymaker in Washington, D.C. My goal is to remove some of the mystery surrounding the U.S. central bank, so you can be an even smarter consumer.
— Sarah Foster
Bankrate.com writer Sarah Foster covers the Federal Reserve, the U.S. economy and economic policy. Originally from a small town in rural Illinois, Foster developed a passion for economics while watching her community recover from the Great Recession. She witnessed just how much Main Street is impacted by Wall Street and saw firsthand that the Federal Reserve’s most well-intentioned policies can still leave those most desperate for help behind.
Sarah previously worked for Bloomberg News, the Chicago Tribune and the Chicago Daily Herald and has been quoted in several national and regional media outlets, including Yahoo! News, NBC, the Toronto Star, the St. Louis Post-Dispatch and more.
The Federal Reserve is one of the most complex institutions in the world; yet, its decisions impact consumers’ wallets more than any other policymaker in Washington, D.C. My goal is to remove some of the mystery surrounding the U.S. central bank, so you can be an even smarter consumer.
— Sarah Foster
Experts say long-standing issues such as the gender pay gap are contributing to women’s financial stress.
Experts expect inflation to cool, but how soon that happens will be key.
The Fed is withdrawing stimulus at the fastest pace in decades.
The Fed steers the U.S. economy by setting the price of borrowing money.
Busting a long-standing workplace taboo, younger workers are being more transparent to achieve equal pay.
Money talks, and that’s never been truer than with environmental causes.
If you haven’t filed your taxes yet, don’t panic — but act fast.
The credit was confusing even before Congress revamped it for 2021.
Job creation is expected to be almost two times slower over the next 12 months.
Consumers will likely have to keep paying more for almost everything they buy.
Fed officials are projecting seven total rate hikes in 2022 alone.
There’s no telling when inflation will slow down.
This popular tax break can be one of the trickiest.
The move marks an end to the Fed’s most aggressive economic rescue effort in history.
This stubborn problem can end up being costly, setting women back in their goals to save and invest.