The benefits of coronavirus: how you can save on fluctuations in the credit market

There is also a positive side to the economic crisis that Americans are facing due to the coronavirus: interest rates are at unprecedented low levels, and benchmark bond yields have fallen below 1% for the first time in history, which will likely lead to even greater cost savings across all ...

The Fed Raised Interest Rates: How It Will Affect Your Wallet

The Federal Reserve System (FRS) raised its benchmark rate by 19 percent for the fourth time this year on Wednesday December 0,25, despite months of opposition from President Donald Trump. The President feared that higher interest rates would stall the rapid growth of the economy ...

For the third time this year, the US Federal Reserve Board raised its key rate: what’s next?

For the third time in 2018, the US Federal Reserve System has raised its key rate - now it is in the range of 2-2,25%. The market expects the continuation of the course towards tightening monetary policy next year. On Wednesday, September 26, the Federal Open Market Committee ...

The US Federal Reserve has increased the discount rate: what to expect

The US Federal Reserve System (FRS) raised the base discount rate by 0,25 to 1,5-1,75% per annum. This is stated in the message of the American financial regulator, according to RBC. The department explained that, according to the information received, the labor market continues to strengthen and economic activity is growing since ...

TOP-10 states with the most unfair taxes

According to the Institute for Taxation and Economic Policy of the United States (ITEP), the poorest Americans are forced to pay twice as much taxes as US residents, whose income is measured in hundreds of thousands of dollars. In every state, Americans pay local taxes. Interest rate depending on ...

US Fed to raise base rate in March: what does it mean

The Federal Reserve is poised to hike interest rates in mid-March, significantly earlier than investors expected. This statement was made by FRS Chairman Janet Yellen in Chicago, who noted that the rate could be raised if economic data on the state of the labor market and ...

How will the change in the interest rate the Fed has on the lives of ordinary Americans

The leadership of the US Federal Reserve System announced an increase in the interest rate by 0,25 percentage points. Economists are confident that one way or another, a change in one of the key macroeconomic parameters will affect all spheres of life. Prices will rise, mortgages will rise in price, loan rates will rise. But…

Student loans in the new school year will be the cheapest for 10 years

The interest rate on student loans will drop to a decade low of 2016% for the 17-3,76 school year. Last year the rate was at 4,29%. For master's students, the interest rate will be 6,31% (last year - 6.84%). Besides,…

Rent in the US will go up in 2016 year

The cost of rental housing in the United States, according to experts, in 2016 will outpace inflation and will increase by an average of 3-5% across the country. On December 16, the Federal Reserve System (FRS), as Forum wrote, increased the federal funds rate for the first time since 2006, which is a sign...

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