The only question surrounding rate cuts from the Federal Reserve boils down to not “when?” but … “how much?” The central bank seems all but certain to tamp down interest rates, cutting the Fed Funds rate for the first time in almost exactly four years....
Monday (Sept. 9) offered up a snapshot of consumer sentiment on where inflation is headed, their overall feelings about managing a mounting debt load, and where and how they’re spending against this backdrop. Connecting the dots between the two separate reports — the Federal Reserve...
Generally speaking, the higher your credit score, the more favorable interest rates and terms you can benefit from when getting a loan. The scoring model FICO ranges from 300 to 850. A “good” score generally is above 670, a “very good” score is over 740,...
For the U.S. consumer, call it a case of digesting the debt that’s already on the books. To that end, the Federal Reserve said Monday (July 10) that growth in consumer credit — as measured across the board — slowed to 1.8% in May, as...
