by - November 6, 2022 3:35 pm
Banker Davy Carter has a unique position to offer insight on how the most recent 75-basis point interest rate hike from the Federal Reserve Bank is impacting the economy. As…
by - March 21, 2018 12:22 pm
If the Federal Reserve adds a 25-basis-point interest rate hike it will increase consumer credit card debt by $1.6 billion in 2018. When rate hikes since 2015 are added, consumers…
by - March 15, 2017 5:21 pm
An improved labor market, rise in household spending and desire to keep inflation at around 2% led the Federal Reserve’s Federal Open Market Committee (FOMC) on Wednesday (March 15) to…
by - December 14, 2016 2:07 pm
In a year-end move largely expected by market watchers, the Federal Open Market Committee on Wednesday (Dec. 14) raised interest rates for only the second time in nearly 10 years,…
by - December 13, 2016 10:28 am
As the Federal Open Market Committee (FOMC) prepares to hold its final meeting under President Barack Obama, expectations are high that the Central Bank will raise rates for only the…
by - September 20, 2016 10:56 am
As the Federal Open Market Committee meets Tuesday (Sept. 20) to hold its sixth meeting of 2016, the only thing certain is that no one is sure if policymakers will raise…
by - July 26, 2016 1:09 pm
As the Federal Open Market Committee sits down Tuesday (July 26) to consider again whether to raise the federal funds rates, St. Louis Fed President James Bullard and other committee…
by - March 16, 2016 2:19 pm
The Federal Open Market Committee (FOMC) on Wednesday (March 16) maintained federal funds rates at 0.25% to 0.5%, with Fed Chair Janet Yellen calling the nation’s current hawkish monetary policy…
by - September 18, 2012 3:27 pm
After waffling on how long low mortgage rates are expected to stick around, some analysts have called for rates to not rise significantly through next year. Honestly, that’s about as…
