Tag Archives: interest rates

The Federal Reserve cut interest rates by half a percentage point on Wednesday, in the hopes it will ease inflation, lowering interest rates to the 4.75% to 5% range. Lawmakers on the committee have gained confidence that inflation is moving …

In the latest Monthly Economic Review from the National Retail Federation (NRF), chief economist Jack Kleinhenz says that consumers are worried about high inflation and increased interest rates but are still spending. Overall retail sales reported by the Census Bureau …