Even though 2025 has only just begun, there are already big changes unfolding that could impact your wallet. Here are some of the main financial headlines so far, and what they might mean for you: Federal Reserve Holds 2025 Rates Steady At the Fed’s end of January meeting, they opted to keep the federal rates where they are instead of implementing another cut. Currently, the federal funds rate Continue Reading
Federal Reserve Rate Cut: What it Means for You
The Federal Reserve cut interest rates by a higher-than-expected half point at its September meeting, marking the first rate cut in over four years. The Fed’s range now sits between 4.75 and 5 percent, which is the lowest we’ve seen since the spring of 2023. Rate cuts can impact everything from stocks and housing to employment and inflation – so what does this decision mean for the economy Continue Reading