Category: Economy

Will the Fed cut interest rates in December 2024? Current indicators suggest that the likelihood is quite high, with recent job reports intensifying the conversation around a possible interest rate cut during the Federal Reserve's upcoming meeting. The economic context surrounding …Read more  »

Money talks, but interest rates scream. As we peer into the economic crystal ball for 2025 and 2026, one number stands out: the Federal Funds Rate. This key benchmark set by the Federal Reserve shapes everything from your mortgage to …Read more  »

The past year has seen a shakeup in the financial world, with several prominent bank failures raising concerns about the stability of the banking sector in 2024. There were 567 bank failures from 2001 through 2024. While predicting specific institutions in …Read more  »

Uncertain if recent bank failures have impacted you? This list details US banks closed by regulators in 2023 and 2024. It's never good news when we hear about a bank failure, and unfortunately, there have been quite a few in …Read more  »

The year is 2024. Whispers of a looming financial crisis have begun to circulate, casting a shadow over the once-assured stability of the US banking system. Headlines raise questions about bank insolvency, sparking anxieties among consumers and businesses alike. But …Read more  »

What Caused the Financial Crisis in 2008? The financial crisis of 2008 is a significant event that affected the global economy. The crisis was caused by several factors that led to the collapse of the housing market in the United …Read more  »

The Federal Reserve, the central banking system of the United States, continues to exert a significant influence on the economy through its monetary policy decisions, particularly in setting the federal funds rate. As of November 7, 2024, the Federal Reserve …Read more  »

The housing market has always been a subject of interest for many people, especially buyers, sellers, investors, and professionals. However, the housing market is not always predictable, and one of the reasons for this is housing bubbles. A housing bubble …Read more  »

In a recent statement, Powell says Fed will cut interest rates cautiously given persistent inflation pressures, emphasizing a careful approach due to ongoing inflation challenges. The Federal Reserve's strategy reflects a delicate balance: while inflation is inching towards the desired 2% …Read more  »