Federal Reserve

U.S. Homeowners’ Wealth Soars, Average a Millionaire: Report | Entrepreneur
October 23, 2023
Despite the economic challenges brought about by the pandemic, the median net worth of the average American family surged by 37% between 2019 and 2022, according to the Federal...
Fed Raises Interest Rates Again, Hits 22-Year High | Entrepreneur
July 26, 2023
The Federal Reserve raised interest rates by a quarter percentage point on Wednesday, bringing it to the 5.25% to 5.50% range, and reaching the highest level in 22 years....
Council Post: A Creator’s Survival Guide For An Economic Downturn
April 3, 2023
By Isabelle Shee, CFO at GROW and 1/2 of @sheesisters, digital creators specializing in golf and lifestyle. getty Two-thirds of economists expect that there will be a recession this...
Elon Musk Weighs in on Fed’s Interest Rate Decision | Entrepreneur
March 22, 2023
Update: On Wednesday afternoon, the U.S. Federal Open Market Committee decided to raise baseline interest rates to 4.75%-5%."The U.S. banking system is sound and resilient. Recent developments are likely...
Alan Greenspan: US Economic Recession ‘Likely’
January 5, 2023
Alan Greenspan is 96. He served five terms as the Federal Reserve chair over 19 years and under four presidents. So when he doubts the Fed's recent rate hikes,...
How the Fed Interest Rate Hike Will Affect Your Wallet
September 21, 2022
On Wednesday, the fed raised interest rates for the fifth time this year by another 0.75 percentage points.The news was somewhat anticipated after last week's less-than-positive inflation update.But what...
Are We in a Recession? Here’s What Economists Say
August 23, 2022
Between inflation, soaring gas prices, and an ongoing housing crisis, the American economy seems suspended in anticipation of what some economists think is unavoidable: a recession.According to a recent...