The Federal Reserve hit pause on rate hikes in January. Consumers adjusted their inflationary expectations in February. Will this change in course continue?  The Fed hit the pause button in January in their steady march to increase rates. With inflation remaining near the Fed’s 2 percent goal, the Fed indicated the case for raising rates was...

The Federal Reserve held short term rates steady in its most recent Federal Open Market Committee (FOMC) on August 1 but signaled a rise likely to come in September. Increases in the federal funds rate raise the costs of credit card debt and adjustable-rate mortgages. According to Fed’s news release, the central bank’s policymaking committee was acting on...

By Regina Franz, Director of Operations The Federal Reserve has increased the federal funds rate—what banks charge each other for overnight loans—by a quarter percentage point, pushing consumer and business borrowing rates higher. According to a statement by the Fed’s policy making committee: The economic outlook has strengthened in recent months. The Committee expects that with further...