Interest Rates

Consumer Spending For July Slightly Under Expectations
Consumer Spending For July Slightly Under Expectations
September 01, 2017  |  Consumer Finance

The Commerce Department said consumer spending in the U.S. saw a uptick that was slightly under what was expected in July, while the annual rate...

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Fed Holds Line on Rate Hikes, But Concerns Linger
Fed Holds Line on Rate Hikes, But Concerns Linger
August 02, 2017  |  Economy

Last Wednesday, at its most recent meeting, the Federal Reserve held back on raising interest rates.  The move, or in this case, non-move, had been...

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A Third Rate Hike May Not Happen Given June CPI Results
A Third Rate Hike May Not Happen Given June CPI Results
July 17, 2017  |  Economy

The likelihood of the Federal Reserve raising interest rates for a third time this year is diminishing, given consumer prices that didn’t change in June...

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JPMorgan Chase Opens Earnings Season With Card Loan Growth, Mobile Additions
JPMorgan Chase Opens Earnings Season With Card Loan Growth, Mobile Additions
July 14, 2017  |  Earnings

JPMorgan Chase posted results that helped kick off earnings season Friday morning. The firm showed traction in its loan book, mobile efforts and credit card...

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Americans’ Love Affair With Their Smartphones May Keep Inflation Low
Americans’ Love Affair With Their Smartphones May Keep Inflation Low
June 22, 2017  |  Mobile

The obsession Americans have with their mobile phones and apps may play a role in the slow pace of inflation, reported Reuters. Get the Full Story...

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Higher Interest Rates By Fed Mean Credit Card Loans Become Tougher
Higher Interest Rates By Fed Mean Credit Card Loans Become Tougher
June 15, 2017  |  Investments

So the Federal Reserve hiked interest rates, as had been expected by most on the Street and beyond, and the question as the 25-basis point...

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Retail Sales Declines Could Halt Further Interest Rate Hikes
Retail Sales Declines Could Halt Further Interest Rate Hikes
June 15, 2017  |  Retail

The Federal Reserve’s ability to continue to raise interest rates in 2017 may be halted given consumer prices fell unexpectedly last month amid the biggest...

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Household Borrowing, Consumer Debt, Reaches Record $12.73 Trillion
Household Borrowing, Consumer Debt, Reaches Record $12.73 Trillion
June 07, 2017  |  Consumer Finance

With incomes in the U.S. seeing less-than-stellar growth, a lot of spending is being done with consumer debt instead of cash, which could create problems...

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Amid Reset, Student Loans Offer Tough Lessons on Interest Rates
Amid Reset, Student Loans Offer Tough Lessons on Interest Rates
May 24, 2017  |  News

Students are about to face some real sticker shock on their loans, and quickly.  The question is, what will be the fallout, and how far...

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