This week, the Federal Reserve's Federal Open Market Committee (FOMC) will meet. When the notes are released it'll likely be more of the same: an improved economy, a robust labor market and a slump in housing. At the end of it all, the United States central bank will refuse to confirm … [Read more...]
NY Fed President: It’s Too Early to Raise Interest Rates
Is now the time to start raising interest rates or is it still too early for a rate hike? New York Federal Reserve President William Dudley delivered a speech at the Central Bank of the United Arab Emirates in Abu Dhabi on Thursday in which he urged the United States central bank … [Read more...]
Bank of England Delays Interest Rate Hike
The Bank of England (BoE) has hinted at another delay in raising interest rates, despite two months after claiming the central bank would start hiking rates beginning in spring. The BoE cited lower inflation levels for Great Britain, a trend that will continue for another three … [Read more...]
Bank of England Votes 7-2 to Keep Interest Rates Unchanged
The Bank of England (BoE) has voted 7 to 2 in favor of keeping interest rates unchanged, citing a decline in inflation, according to the latest minutes of the Monetary Policy Committee (MPC) released by the British central bank. The central bankers noted that there isn't enough … [Read more...]
Americans not heading to stocks amid low interest rates, Fed stimulus
Finance experts and market analysts are encouraging investors to put their money into the stock market as numerous stocks are hitting record highs. Wall Street is also pleased because the Federal Reserve will likely keep interest rates low for until at least until late 2015 and its … [Read more...]
Federal Reserve Economic Forecast Off-target
Low interest rates may be a bane to savers’ retirement plans, but they have been a blessing to home builders. As the Federal Reserve has continued its quantitative easing programs to keep interest rates near zero, single family home starts are expected to increase 25 percent in 2012 … [Read more...]
Bank Account Interest Rates
Filed Under: Financial Planning by
Chapter 1: Where To Open Bank Accounts Chapter 2: Which Type of Bank Account Should You Open Chapter 3: Bank Account Interest Rates Chapter 4: Bank Account Charges and Fees Chapter 5: Online Banking Chapter 6: Bank Account Facts Interest Rates One of the main factors you … [Read more...]
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...]
