Tag Archives: Interest Rates

Gen Z may be worse off than millennials, thanks to inflation and debt 

State Library Ed. Note: If you cannot access this story via the link below, state employees can access this Washington Post story HERE via the State Library’s subscription to the US Newstream database. Alternatively, state employees can contact us for access: LibraryHelp.SLO@slo.oregon.gov or 503-378-8800. Today’s young adults are spending more on housing and car insurance than millennials did. They’re also more […]
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Heat waves and climate change are making your bills more expensive 

State Library Ed. Note: If you cannot access this story via the link below, state employees can access this Washington Post story HERE via the State Library’s subscription to the US Newstream database. Alternatively, state employees can contact us for access: LibraryHelp.SLO@slo.oregon.gov or 503-378-8800. Researchers warn the hazards will only get worse, for the planet and the economy. No […]
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Before education, an education in student loan rates

It’s a rare college student today who can afford to pay for college without the aid of student loans. And it should come as no surprise that interest rates on the loans have risen, as the Federal Reserve pushed up its rates, and most others followed. So what WILL a student loan cost over time, […]
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Rent Is Harder to Handle and Inflation Is a Burden, a Fed Financial Survey Finds

State Library Ed. Note: If you cannot access this story directly from the source, state employees can access this New York Times story HERE via the State Library’s subscription to the US Newstream database. Alternatively, state employees can contact us for access: LibraryHelp.SLO@slo.oregon.gov or 503-378-8800.

Who’s Had a Harder Time Buying a Home: You or Your Parents? 

State Library Ed. Note: If you cannot access this story directly from the source, state employees can access this New York Times story HERE via the State Library’s subscription to the US Newstream database. Alternatively, state employees can contact us for access: LibraryHelp.SLO@slo.oregon.gov or 503-378-8800.

Fed chief signals interest rate cuts could be a ways off

State Library Ed. Note: If you cannot access this story via the link below, state employees can access this Washington Post story HERE via the State Library’s subscription to the US Newstream database. Alternatively, state employees can contact us for access: LibraryHelp.SLO@slo.oregon.gov or 503-378-8800. A string of discouraging inflation reports since the start of the year keeps pushing the timeline back. […]
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Will the Federal Reserve cut interest rates? With a robust US economy, it might not need to 

Ever since the Federal Reserve signaled last fall that it was likely done raising interest rates, Wall Street traders, economists, car buyers, would-be homeowners — pretty much everyone — began obsessing over a single question: When will the Fed start cutting rates? But now, with the U.S. economy showing surprising vigor, a different question has […]
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CPI inflation March 2024: Consumer prices rose 3.5% from a year ago in March

The consumer price index accelerated at a faster-than-expected pace in March, pushing inflation higher and likely dashing hopes that the Federal Reserve will be able to cut interest rates anytime soon. The CPI, a broad measure of goods and services costs across the economy, rose 0.4% for the month, putting the 12-month inflation rate at 3.5%, or 0.3 percentage point higher than in February, […]
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Biden seeks student debt relief for millions

The Biden administration unveiled a new set of plans on Monday that would eliminate student debt for millions of Americans. The administration says that, if fully implemented, it would bring the number of borrowers who’ve seen some or all of their debt forgiven during the president’s term to more than 30 million. The new plan, […]
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Fed declines to cut interest rates, saying it’s not clear inflation has slowed enough yet

The Federal Reserve declined Wednesday to cut interest rates, saying it remains uncertain inflation is slowing enough, but some economists warned the financial regulators risk waiting too long to make cuts. Fed Chairman Jerome Powell said the Fed has a lack of sufficient data that inflation is slowing enough to justify taking the pressure off […]
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