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Cash Free

“47% of Americans do not have $400.00 in cash.” -Federal Reserve

Money Matters

Unemployment Rate Is Lowest in Years—and Many Americans Are Just Hanging On

Many U.S. households remain in a precarious financial position despite unemployment falling to the lowest level in years, a new Federal Reserve survey shows.

The results of the Fed’s 2017… 50 more words

Wages

BOE Remain Intent on Raising Interest Rates as BIS General Manager Warns of Inflation Risks...

On Tuesday Bank of England governor Mark Carney and several other BOE officials spoke at length about the bank’s monetary policy whilst attending the Treasury select committee. 2,343 more words

News

Today’s Top 3 Business News Headlines

  • Stocks Finish Higher
  • Federal Reserve to Hold Inflation at 2%
  • Uber Raises $600 Million
Stocks

Fed minutes show support for June hike and calm about inflation outlook

Only a ‘few’ saw inflation moving above 2% target

Federal Reserve officials in their meeting in early May confirmed they planned to raise interest rates in June and were not concerned they were behind the curve on inflation. 361 more words

Featured

Interest Rates Part FOUR -- How the FOMC Fiddles with Rates -- Federal Reserve Rate Control

As we near our fantastic conclusion to our multiple part series on Interest rates (next post is the last) lets quickly review where we came from. 422 more words

Investing/Financial Planning

Fed: many Americans struggling financially

Survey finds solid job market hasn’t benefited all.

Many U.S. households remain in a precarious financial position despite unemployment falling to the lowest level in years, a new Federal Reserve survey shows. 55 more words

Bend Bulletin