September Fed meeting preview: What’s the next move for winding down pandemic support?
Banking
6 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. A general understanding of the Fed can help you know where to allocate your cash, saving you money on big-ticket purchases in the long run. 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.
Education
Sarah graduated with a bachelor’s in news-editorial journalism from the University of Illinois at Urbana-Champaign, where she was a bronze tablet recipient for graduating in the top 3 percent of her class. She holds a master’s in business journalism from Northwestern University and is currently studying for her Chartered Financial Analyst (CFA) designation.
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. A general understanding of the Fed can help you know where to allocate your cash, saving you money on big-ticket purchases in the long run. 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
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If you have a student loan, here’s what happens when the Fed lowers rates
Some borrowers may want to pay attention to the Fed’s rate cuts.
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Stimulus checks: Here’s how Social Security recipients and other non-filers can claim their $1,400 payment
Individuals exempt from filing a tax return could be days away from receiving their payment.
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For the first time, adult dependents are eligible for a coronavirus stimulus check.
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