Auto Loans
How the Fed affects auto loan rates
3 min read
EXPERTISE
- Economy
- Federal Reserve
- U.S. economic policy
- Personal finance
- Taxes
- Unemployment insurance (UI)
EDUCATION
- Bachelor of Science in News-Editorial Journalism, University of Illinois at Urbana-Champaign
- Master of Science in Journalism, Northwestern University
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
About the author
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.
Experience
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.
Media mentions
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
Sarah's Picks
Sarah's Latest Articles
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Fed keeps interest rates at zero, signals upcoming rate hike
Officials are sounding the alarm that they’re running the economy too hot.
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Learn three tips to score a lower interest rate on student loans.
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How much is higher inflation hurting you? Here’s how to estimate
Some Americans may be getting stung by inflation that’s even higher than the national rate.
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Higher inflation: Winners and losers when prices rise
Americans don’t have many places to hide from high inflation.
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The Phillips curve, explained – and what it says about soaring inflation in the COVID economy
The principle can sometimes predict where inflation is heading.
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Survey: Economists see unemployment sinking to near 50-year low in 2022
Employers should also restore just about all of their pandemic-related job cuts.
4 min read Jan 06, 2022