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Interest rates

Why some say Fed interest rate hikes are premature

by Nancy Marshall-Genzer
Mar 16, 2017
But wages are starting to rise, Chair Janet Yellen says.
Rising wages are "a signal that we’re coming closer to our maximum employment objectives," Federal Reserve Chair Janet Yellen said at a briefing yesterday.
BRENDAN SMIALOWSKI/AFP/Getty Images
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Rising car loan default rates spell trouble for automakers

by Marielle Segarra
Mar 16, 2017
People who took out subprime loans to buy a car are falling behind on their payments at the highest rate since the financial crisis. That could lead to higher costs for people who want a car loan. It’s also bad news for the automakers.  Click the audio player above to hear the full story.
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The Fed is raising rates. Here's how it'll affect you.

by Nancy Marshall-Genzer
Mar 15, 2017
It's a quarter-percent increase, with two more expected this year.
 Flags fly over the Federal Reserve Building.
Mark Wilson/Getty Images
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For banks, there’s a delayed benefit to rising rates

by Marielle Segarra
Jan 13, 2017
Big bank earnings show they have a ways to go.
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The outlook for banks under the incoming Trump administration

by Marielle Segarra
Jan 13, 2017
With a few banks reporting earnings Friday  — JP Morgan Chase, Wells Fargo, Bank of America — we’ll take a look at banking’s prospects. The new Trump administration and a GOP-controlled Congress have said they plan to dial back Dodd-Frank and other financial regulations. For the most part, bank stocks – and the market overall […]
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Online banking platform SoFi targets "high earners, not rich yet"

by Molly Wood and Stephanie Hughes
Dec 20, 2016
How the online lender SoFi wants to make borrowing more social.
StockSnap/Visual Hunt
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Why should you care when the Fed hikes its benchmark interest rate?

by Mark Garrison
Dec 14, 2016
A quarter-percent actually means a lot, and it's just the beginning.
Traders in the Standard & Poor's 500 stock index options pit at the Chicago Board Options Exchange (CBOE) react to the Federal Reserve's statement that it would increase its benchmark interest rate December 14, 2016 in Chicago, Illinois. The much-anticipated decision will move the Feds benchmark rate to a range between 0.5 percent and 0.75 percent.
Scott Olson/Getty Images
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A Fed rate hike this week is likely — but what lies ahead for 2017?

by Adam Allington
Dec 13, 2016
When it comes to interest rate hikes, it’s never a done deal until it’s actually done. However, it’s a near certainty that the Fed will raise rates when it meets today and tomorrow. What the interest rate outlook will be for 2017, under a Trump presidency, is far less clear.
Federal Reserve Chair Janet Yellen testifies before the Joint Economic Committee of Congress on Capitol Hill in Washington, D.C. on Nov. 17. In mid-November, Yellen confirmed that a hike in federal interest rates was on its way soon.
JIM WATSON/AFP/Getty Images
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Why the Fed is changing interest-rate goals

by Sabri Ben-Achour
Nov 21, 2016
The interest rate target is worryingly low.
Stanley Fischer testifies before the Banking, Housing, and Urban Affairs Committee on his nomination to be the Vice Chairman of the Board of Governors of the Federal Reserve System on March 13, 2014 on Capitol Hill in Washington, DC. 
MANDEL NGAN/AFP/Getty Images
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The economy in Trump's first year

by Mitchell Hartman
Nov 21, 2016
Economic growth is likely to accelerate in the first year of Trump's presidency, based on his economic ideas. But his plans could also raise the risk of economic overheating and inflation.
Supporters of President-elect Donald Trump cheer at the New York Hilton Midtown in New York on Nov. 9.
MANDEL NGAN/AFP/Getty Images
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