The Federal Reserve news and your money

Latest Articles

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  Election Day 2020: Is your bank closing early today?

  Here’s a look at what a number of popular banks are doing.

  2 min read Nov 03, 2020
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  Survey: Top economists see unemployment rate holding above pre-pandemic levels into 2021

  While economists were more optimistic, they weren’t without doubts about the risks to the outlook.

  8 min read Oct 01, 2020
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  The budget deficit, explained — and how to prepare for a rising tax burden down the road

  The financial practice of spending less than you make doesn’t apply to the federal government.

  6 min read Sep 18, 2020
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  Here’s what a Trump or Biden presidency would mean for banking

  Either way you look at it, there’s going to be some whiplash — possibly weighing on consumers’ wallets.

  8 min read Sep 16, 2020
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  When will the U.S. economy get back on track following coronavirus shock? Watch for these 5 signs

  The return to normalcy could happen later — rather than sooner. 

  9 min read Sep 15, 2020
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  How to protect your money from rate decreases with a CD

  The Fed’s recent actions may force savers to start thinking differently about their money.

  2 min read Sep 14, 2020
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  Ask Bankrate: How can savers stay ahead of inflation?

  A reader asks how people living on fixed income can beat inflation.

  4 min read Sep 11, 2020
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  Why the coronavirus crisis could cause a double-dip recession — and how to prepare for one

  Some forecasts suggest a resurgence in coronavirus cases could tip the financial system over again. 

  7 min read Sep 10, 2020
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  8 ways to help rescue the job market from coronavirus-driven unemployment crisis

  Ending the crisis depends largely on eradicating the virus and the economic problems it opened up.

  7 min read Sep 04, 2020
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  Coronavirus relief and stimulus plans: Here’s everything Washington has done (and proposed) so far

  From relief checks to unemployment insurance, here’s what could impact your wallet.

  9 min read Sep 04, 2020
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  A second wave of the coronavirus could devastate the recovering economy

  Economists say a second wave is the biggest downside risk to the U.S. economy this year.

  7 min read Aug 24, 2020
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  Fed leaves rates alone, says economy will ‘depend significantly on the course of the virus’

  It’s unlikely that the financial and economic calamity will be reversed anytime soon.

  7 min read Jul 29, 2020
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  Trump’s controversial Fed pick Shelton moves one step closer to board

  Some experts fear Shelton could shake up the U.S. central bank.

  4 min read Jul 21, 2020
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  What is economic stimulus and how does it work?

  With all the talk around economic stimulus, here’s how it works and why it’s used.

  5 min read Jul 16, 2020
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  Survey: 61% of experts see stock market underperforming over next 5 years

  The devastating effects of the coronavirus won’t likely be in the rearview mirror anytime soon.

  7 min read Jul 15, 2020
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  What is the Federal Reserve’s Beige Book?

  Fed officials care about more than just economic data.

  5 min read Jul 10, 2020
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  Negative interest rates, explained — and how they work

  Would you really get paid to take out a loan?

  8 min read Jul 03, 2020
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  We’re in a recession — will the stock market ever act like it?

  With the market awash with cash, stocks are rising regardless of the fundamentals.

  5 min read Jun 25, 2020
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  Second stimulus check and extended unemployment benefits? Here’s what aid could be on the way

  A long road likely lies ahead for the economy. What stimulus might we see to help a return to normal?

  7 min read Jun 18, 2020
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  Camp closed this summer? Send your kid to the Fed’s personal finance virtual camp instead

  The Fed wants to teach your kids how money works.

  1 min read Jun 11, 2020