Banking
Most savings accounts still come with limits on withdrawals even after Regulation D lifted them
2 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 Latest Articles
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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 -
Survey: 93% of economists see the Fed lifting rates more than once in 2022
Economists say high inflation is forcing the Fed’s hand.
4 min read Jan 06, 2022 -
Survey: Experts predict another year of decades-high inflation
Price increases depend on supply chain and labor shortages.
4 min read Jan 06, 2022 -
Bankrate’s 2022 interest rate forecast: Brace for higher rates as Fed combats inflation
See our predictions for rates on mortgages, credit cards, savings accounts and more.
5 min read Jan 03, 2022 -
Will the Fed raise interest rates in 2022? Here’s what experts are saying
The Fed will be kicking off a new era for policy in 2022.
5 min read Dec 27, 2021 -
Child tax credit: Here’s what to know for 2022
Whether U.S. families get another advance payment is still up in the air.
6 min read Dec 24, 2021 -
Fed sees three rate hikes in 2022 and speeds up its taper of bond purchases
Soaring inflation is making it hard for the Fed to justify its aggressive policies.
8 min read Dec 15, 2021 -
Worried about your finances and job security beyond the pandemic? Here’s 7 steps to take
More than 3 in 5 Americans are worried about their incomes over the next six months.
8 min read Nov 29, 2021