Federal Reserve Implements Radical New Policy to Keep Interest Rates Low

Federal Reserve Chairman Ben Bernanke announced a radical new policy the Fed will being using. The new policy is getting unprecedented support, but it is so far afield from past policies it may take many off guard. Federal Reserve Bank of Richmond president Jeffrey Lacker was the only … [Read more...]

More Responsibility Seen Through Use of Credit Cards

Recent reports reflect that consumers are using credit cards more responsibly. In a report released by the American Bankers Association, it shows that credit card customers have become less delinquent on their credit card payments. Correspondingly, this has decreased the amount of … [Read more...]