by Brian Pillmore | Aug 16, 2023 | Brian's Blog
The US central bank just cranked up those rates. Pretty wild, huh? Jerome Powell?Keeping cards close to his chest.Another rate rise in September? Maybe. Or… not. And the Brits? They’re thinking about joining the party! Loans might pinch the pocket a bit...
by Ken Chase | Mar 24, 2023 | Financial, News
Estimated reading time: 2 minutes Federal Reserve Chair Jerome Powell announced yet another interest rate hike during a press conference on Wednesday. That announcement has been largely credited for a drop in the Dow Jones, as stocks plunged by more than 500 points....
by Ken Chase | Feb 6, 2023 | News
Estimated reading time: 2 minutes The Federal Reserve announced yet another interest rate hike this week, as it continues its efforts to rein in stubbornly high inflation. Unlike its most recent rate hikes, however, this increase was a more modest boost of a quarter...