A couple of days ago, I left a comment over at Bible Money Matters on a post about car shopping:
Our car is showing signs of sickness after seven years. We’re thinking we may need to get another one (we’ll buy it used, though — we like lease returns). But we’re crossing our fingers that it […]
Today, the Federal Reserve is widely expected to cut the Fed Funds rate. Because the economy seems to be heading toward recession, the overriding goal is to stimulate the economy. And this means — as far as the Fed is concerned — making it cheaper for everyone to borrow money.
Because our economy runs on consumption […]
The big financial news this morning is that the Fed has cut rates to 1.5%. This is part of a global effort to cut rates by 50 basis points, made by central banks in several other countries. The plan is to try and free up the credit markets and get cash moving around the world.
For […]
Yesterday saw an emergency Fed rate cut meant to help the economy. Whether it kicks start the economy or not, there are plenty of people who will see impacts in their personal finances from this move. Yahoo! Finance describes some of the areas that will benefit from yesterday’s Fed rate cut:
After the Fed’s rate cut […]
The Fed is scrambling to figure out what to do in order to slow (maybe try to prevent) the coming recession. Some would argue that, really, it’s already here. At any rate, the Fed cut a key interest rate yesterday. Because Wall Street was really hoping for a bigger bailout (25 basis points just wasn’t […]
Yet another Fed rate cut is expected tomorrow. While some think that 50 basis points will be the magic number, others feel that 25 points is much more likely. But in either case, the continued efforts to save the economy with a Fed rate cut will likely affect you, whether it is an influence on […]
There are many ways that Wednesday’s Fed rate cut could affect your personal finances. But when it comes to yielding wealth, in the long term, the Fed rate cut may not be terribly helpful. After all, in the long term, most rates, like mortgages are more affected by the rate on the 10-year Treasury note.
Consider […]
Yesterday’s big news was the Fed rate cut. The practical optimists were thinking that a cut of about 25 basis points would be in order. The Fed rate cut satisfied all but the most gung-ho of bulls with a 50 basis point cut. So, how will this Fed rate cut affect the markets? And more […]
Many in the mortgage industry, and even some in the stock market, are putting a lot of faith in tomorrow’s expected Fed rate cut. The hope is that, as happened in 1998, the stock market and the U.S. economy with it, will bounce back from the edge of despair. However, the Wall Street Journal points […]
Will the Fed cut interest rates? That is the question on many minds right now, and one that could affect you in your quest to build wealth. Inman News is reporting that the Fed may cut interest rates:
Expectations that the Federal Reserve will cut the federal funds rate this year rose Tuesday after Sen. Chris […]
Taking finances personally
Written by Miranda Marquit [email] for b5media.
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