• The Fed Funds Rate, which is controlled by the Federal Reserve Board (also known as the Fed), is the interest rate at which banks charge each other to borrow money. This year, the ...

    Published On: October 18, 2022Categories: Economy
  • The 30-year conforming mortgage rate has a profound effect on the prices of homes and the rate at which interest is collected on mortgages. This rate is increasing, which has an inverted effect ...

    Published On: October 14, 2022Categories: Economy
  • The European economy is currently experiencing turbulence due to the Ukrainian conflict and Russian supply cuts. On the other hand, high-interest rates have increased the strength of the U.S. dollar, resulting in historical ...

    Published On: October 12, 2022Categories: Economy
  • Financial markets were distraught during the third quarter as rising rates, inflation, and slowing economic activity hindered major equity indexes. Dramatic tax cuts implemented in the U.K. stirred global financial currency markets with ...

    Published On: October 11, 2022Categories: Economy
  • A jump in inflation could mean that even with a pay raise, you could have less money in your pocket.  To evaluate wages, there are two factors to consider, nominal wage growth and ...

    Published On: September 22, 2022Categories: Economy
  • Many rely on Social Security and the annual increases known as the Cost of Living Adjustment (COLA) to keep up with inflation. The Cost of Living Adjustment (COLA) occurs annually and compares the ...

    Published On: September 19, 2022Categories: Economy
  • U.S. Treasury bond yields rose in August, with the 10-year Treasury ending the month with a 3.15% yield. Treasury bond yields flattened as well, with the shorter-term 1-year treasury finishing the month at ...

    Published On: September 12, 2022Categories: Economy
  • U.S. equities began August in rebound mode but reversed course to end the month in negative territory. Continued Fed rate hikes and recession fears weighed on equities. Company earnings are increasingly becoming a ...

    Published On: September 9, 2022Categories: Economy
  • Recession fears pressed on markets as equities pulled back from a mid-summer rally that many analysts suspect was short-lived. U.S. equities began August in rebound mode but reversed course to end the month ...

    Published On: September 8, 2022Categories: Economy
  • Not since 2002 has the euro been valued equally with the U.S. Dollar. This equal valuation is known as parity in the currency markets. Since a peak of one euro equaling 1.23 dollars ...

    Published On: August 22, 2022Categories: Economy