Higher Interest Rates Make Federal Debt More Expensive

Interest rates won't fall as fast as expected if tariffs stoke inflation, UBS CEO says

"Inflation is much more sticky than we have been saying," UBS CEO Sergio Ermotti said Tuesday.

CNBC - Jan. 21

Eggs are about to get even more expensive, expert says. Here's how much

Eggs are nearly 40% more expensive now than they were a year ago, the Labor Department said this week. It's about to get even worse, one expert says.

The Hill - Jan. 18

Trump set to break the all-time federal debt record amid inflation battle

“Don’t hold your breath,” for deficit reduction, says a Bank of America economist.

MarketWatch - Jan. 18

US consumers ‘resilient’ in face of high prices and interest rates

Credit card data points to ‘robust’ growth at start of 2025 after shoppers spent $1tn during holiday season

Financial Times - Jan. 18

How scientists with disabilities are making research labs and fieldwork more accessible

Disabled scientists are trying to make research labs and fieldwork more accessible

ABC News - Jan. 18

When will HELOC interest rates drop again?

HELOC interest rates recently fell to an 18-month low. Here's when they could decline again.

CBS News - Jan. 17

Can you dispute a debt that was sold to a debt collector?

Disputing a debt that has been sold to a debt collector is not just possible — it's your legal right.

CBS News - Jan. 17

FTSE 100 hits record as interest rate hopes push down UK borrowing costs

Nearly every share on the index rises as fall in value of pound helps multinational companies listed in London. Business live – latest updates The UK’s blue-chip stock index hit a record high ...

The Guardian - Jan. 17

First Horizon CEO says he's cautious about interest rate cuts in 2025

CNBC's Jim Cramer highlights the regional bank space, talking with First Horizon CEO Bryan Jordan.

CNBC - Jan. 16

What savers should do now with interest rates on pause

A rise in inflation all but assures a pause in interest rate cuts. Here's what savers should do in the interim.

CBS News - Jan. 16

Fed Governor Waller sees potential for multiple interest rate cuts in 2025

In a CNBC interview, the policymaker said he expects the first cut could come in the first half of the year.

CNBC - Jan. 16

Tips for paying off debt

With nearly half of Americans carrying credit card balances month-to-month, CBS News business analyst Jill Schlesinger provides tips on how to pay down debt.

CBS News - Jan. 16

Mortgages, credit cards, auto loans: Expert predictions for interest rates in 2025

The Federal Reserve is expected to cut rates further in 2025, paving the way for slightly lower borrowing costs for consumers.

CNBC - Jan. 16

Surprise fall in inflation boosts interest rate cut hopes

Inflation falls for the first time in three months, sparking expectations rates may be cut to 4.5% in February.

BBC News - Jan. 15

CPI edged higher in December, complicating the Fed's rate decision

Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.

CBS News - Jan. 15

Kim Kardashian wants higher pay rate for inmate firefighters: 'I see them as heroes'

Kim Kardashian is calling on California's government to raise the pay rate for the state's incarcerated firefighters battling the devastating L.A. fires.

Los Angeles Times - Jan. 14

Biden announces student debt relief for 150,000 borrowers, bringing total helped to more than 5M

The Biden administration announced Monday it was forgiving student loans for more than 150,000 borrowers, bringing the total number of individuals impacted by debt relief in President Biden’s term ...

The Hill - Jan. 13

Stocks fall back to pre-Election Day levels amid renewed inflation and interest-rate concerns

The post-Election Day rally in stock prices is fading amid forecasts that the Federal Reserve will not lower interest rates as much as expected.

NBC News - Jan. 13

Three things that could make a Gaza hostage deal more likely

There is fresh anticipation about the talks after several shifts, both politically and on the ground.

BBC News - Jan. 13

What's the CD interest rate forecast for 2025?

Planning to open a CD account? It may help to know where experts say CD rates could head this year.

CBS News - Jan. 13

FirstFT: Dollar hits 2-year high as interest rate assumptions change

Also in today’s newsletter, China’s trade surplus reached a new record and the reinvention of El Salvador

Financial Times - Jan. 13

California fires could make this pricey travel insurance add-on more essential

Insurers have seen a rise in cancel-for-any-reason policies. Here’s what travelers should know before buying in.

MarketWatch - Jan. 12

More than a million student loan borrowers got debt forgiven in 2024. What to know at tax time

If your student loans were forgiven in 2024, you may be wondering if there are any tax implications.

CNBC - Jan. 12

MLB rumors: Red Sox open to more additions, Yankees reliever drawing interest from eight teams

Here are your hot stove rumors for Saturday, Jan. 11

CBS Sports - Jan. 11

This is what it could take for the Fed to hike interest rates

Some economists are now contemplating what was previously unthinkable — and they are focused on the personal-consumption expenditures price index

MarketWatch - Jan. 11

Stocks and Bonds Fall After Strong Jobs Report Fuels Interest Rate Concerns

Stronger-than-expected data on the labor market has added to clues that the economy continues to run at a solid pace, amplifying fears about stubborn inflation.

The New York Times - Jan. 10

U.S. payrolls grew by 256,000 in December, much more than expected; unemployment rate falls to 4.1%

Nonfarm payrolls were expected to increase by 155,000 in December, according to the Dow Jones consensus forecast.

CNBC - Jan. 10

Strong December job growth could augur fewer Fed interest-rate cuts

Employers across the U.S. added a robust 256,000 jobs in December, a sign the labor market remains in good shape.

CBS News - Jan. 10

Fed Governor Bowman says December interest rate cut should be the last

Federal Reserve Governor Michelle Bowman said Thursday she supported the recent interest rate cuts but doesn’t see the need to go any further.

NBC News - Jan. 9

HELOC interest rates drop to 18-month low: Should you open one now?

HELOC interest rates dropped again this week. Here are three reasons why you should open the line of credit now.

CBS News - Jan. 9

What's a good home equity loan interest rate in 2025?

With the interest rate climate changing again, it helps borrowers to know what a good home equity loan rate is now.

CBS News - Jan. 9

Fed Governor Bowman says December interest rate cut should be the last

Bowman said Thursday she supported the recent interest rate cuts but doesn't see the need to go any further.

CNBC - Jan. 9

Why two Fed officials doubt the need for many more rate cuts

One official warned that “progress on inflation could continue to stall.”

MarketWatch - Jan. 9

How to pay less interest on credit card debt in 2025

There are multiple ways to pay less interest on your credit card debt this year. Here are five to explore now.

CBS News - Jan. 9

Most Fed officials were worried about higher inflation, but not enough to put rate hikes on the table, minutes of December meeting show

“Almost all” Fed officials judged that the upside risks to inflation had increased, according to minutes of the Fed’s December meeting released Wednesday.

MarketWatch - Jan. 8

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