U.S. stock futures moved higher ahead of the open on Monday, while bank stocks also rose after North Carolina-based First Citizens (FCNCA) bank agreed to buy most of Silicon Valley…
Tag: Federal
Federal Reserve expected to hike rates again. What that means for you
Rate hikes, one year later For its part, the Fed has already hiked its benchmark fund rate eight times over the last year to its current level of between 4.5%…
What a Federal Reserve quarter-point interest rate hike means for you
The Federal Reserve raised the target federal funds rate for the eighth time in a row on Wednesday, in its continued effort to tame persistent inflation. At its latest meeting, the…
Federal Reserve likely to hike interest rates again. How to prepare
The Federal Reserve is widely expected to announce its eighth consecutive rate hike at this week’s policy meeting. This time, Fed officials likely will approve a 0.25 percentage point increase…
Here’s what the Federal Reserve’s half-point rate hike means for you
The Federal Reserve raised its target federal funds rate by 0.5 percentage points at the end of its two-day meeting Wednesday in a continued effort to cool inflation. Although this marks…
How the Federal Reserve affected 2022’s stock market
The Federal Reserve, over its more than centurylong existence, has emerged as a leading force in the stock market. This stature was bolstered by the central bank’s adoption of two…
For Freelancers, New Federal Help in Saving for Retirement
Nontraditional workers can contribute to an I.R.A. on their own and set up automatic transfers to it from their bank account. (They can get the Saver’s Credit, if they qualify.)…
How Federal Reserve interest rate hikes impact your borrowing costs
From credit cards to mortgages, it’s suddenly a lot more expensive to borrow money. The Federal Reserve has raised its benchmark short-term rate 3 percentage points since March in an effort to…
The Federal Reserve’s chance of a policy error has increased: JPMorgan
Don’t let the feel-good vibes that kicked off markets in the fourth quarter lead you astray: The Federal Reserve and other central banks could still screw it all up through…
What another major rate hike by the Federal Reserve means to you
What the federal funds rate means to you The federal funds rate, which is set by the U.S. central bank, is the interest rate at which banks borrow and lend…