PYMNTS-MonitorEdge-May-2024

federal funds rate

Fed’s Nod to Credit Tightening Portends Tough Times for Paycheck-to-Paycheck Economy
Fed’s Nod to Credit Tightening Portends Tough Times for Paycheck-to-Paycheck Economy
March 22, 2023  |  credit frictions

Another Fed meeting, another interest rate hike … and more trouble ahead for paycheck-to-paycheck consumers and small to midsize businesses (SMBs). The central bank boosted...

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Powell: Low Rates Stay Until Economy Is On ‘Road To Recovery’
Powell: Low Rates Stay Until Economy Is On ‘Road To Recovery’
April 29, 2020  |  Economy

Federal Reserve Chairman Jerome Powell said Wednesday (April 29) that the Fed will “not be in any hurry to withdraw [monetary stimulus] … until we’re...

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Beyond The Fed, What’s Next For Market
Beyond The Fed, What’s Next For Market
December 15, 2016  |  Investments

The Fed’s decision is finally in. As had been widely, if not almost universally, expected, the Federal Reserve Bank boosted its benchmark rate today, the...

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