The Federal Reserve just cut interest rates by a half point. Here's what that means for your walletThe Fed lowered the benchmark rate to alleviate high borrowing costs for consumers.
Don't expect 'immediate relief' from the Federal Reserve's first rate cut in years, economist says. Here's whyCooling inflation may allow the Federal Reserve to cut interest rates, providing some relief to consumers under financial pressure.
The Federal Reserve just cut interest rates by a half point. Here's what that means for your walletThe Fed lowered the benchmark rate to alleviate high borrowing costs for consumers.
Don't expect 'immediate relief' from the Federal Reserve's first rate cut in years, economist says. Here's whyCooling inflation may allow the Federal Reserve to cut interest rates, providing some relief to consumers under financial pressure.
American debt is growing faster than predictedUS consumer borrowing saw a significant increase in July, with concerns about rising credit card balances and potential future risks to spending.
Jill On Money: Credit card debt resurfacesNearly half of consumers carry a credit card balance from one month to the next, up 10 percentage points from 2021.The average interest rate for credit card accounts has increased to 21.5% from 14.5% two years ago.
American debt is growing faster than predictedUS consumer borrowing saw a significant increase in July, with concerns about rising credit card balances and potential future risks to spending.
Jill On Money: Credit card debt resurfacesNearly half of consumers carry a credit card balance from one month to the next, up 10 percentage points from 2021.The average interest rate for credit card accounts has increased to 21.5% from 14.5% two years ago.
Bitcoin Faces Risk From 'Maxed Out' U.S. Consumers, Analyst SaysU.S. consumers are accumulating debt at a slower rate, impacting the fiat-to-crypto onramp.High credit card delinquency rates are a concern for household balance sheets and bullish crypto narratives.