How a Strong US Dollar Affects Your Wallet

Inflation News

WASHINGTON, DC - JULY 27: U.S. Federal Reserve Board Chairman Jerome Powell speaks during a news conference following a meeting of the Federal Open Market Committee (FOMC) at the headquarters of the Federal Reserve, July 27, 2022 in Washington, DC. Powell announced that the Federal Reserve is raising interest rates by three-quarters of a percentage point.
Fed Continues Ratcheting Rates With 75-Basis-Point Hike
Federal Reserve Chair Jerome Powell Holds News Conference Following Federal Open Market Committee Meeting
How Far Will the Fed Go To Fight Inflation?
WASHINGTON, DC - JUNE 23: Jerome Powell, Chairman of the Board of Governors of the Federal Reserve System testifies before the House Committee on Financial Services June 23, 2022 in Washington, DC. Powell testified on monetary policy and the state of the U.S. economy.
Why Does Raising Rates Slow Inflation?

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Research

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Average Credit Card Interest Rate Is 21.64%
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Higher-Priced Basics Eat 70% of Social Security Checks
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44% of US Adults Are Not Financially Ready for Recession