Janet Yellen's Countdown to Higher Interest Rates by Year-End. In a speech on Friday, Federal Reserve Chair Janet Yellen said a rate hike is appropriate this year should economic conditions improve. "Delaying action to tighten monetary policy until employment and inflation are already back to our objectives would risk overheating the economy," she said. "For this reason, if the economy continues to improve as I expect, I think it will be appropriate at some point this year to take the…
Getting to the bottom of rock bottom economics: Paul Krugman | PennLive.com Six years ago the Federal Reserve hit rock bottom. It had been cutting the federal funds rate, the interest rate it uses to steer the economy, more or less frantically in an unsuccessful attempt to get ahead of the recession and financial crisis. But it eventually reached the point where it could cut no more, because interest rates can't go below zero.
For the first time in a decade, the federal funds rate went up. And yes, you should care about that, because it could have a major impact on your finances. - The Penny Hoarder http://www.thepennyhoarder.com/what-a-higher-federal-funds-rate-means-for-your-money/
Death and disability aren’t really topics anyone likes to talk about, but understanding the details of what happens to your loans is very important. In this article we look at medical student loan repayments in case of death or disability.