America’s Seniors Scrambles as Fed Continues to Implement Further Rate Hikes

Inflation, Seniors

Seniors in America have a hard time making decisions. After another rate hike by the Federal Reserve, soaring prices for everything from food, gas and utilities, in addition to the unprecedented cost of borrowing, are making the finances of Americans on fixed incomes very risky. “Overall, they have an increase in daily living expenses because […]

Stocks Plunge on Concerns Over Another Mega Fed Rate Increase

The Fed

Photo: Unsplash Hopes for the Federal Reserve to push the brakes on its rapid interest rate increases end in ashes.  Stocks dropped on Monday due to investors’ growing concerns that the central bank will increase rates by three-quarters of a point the following month.  The Dow concluded the day with a drop of over 640 […]

US makes Increases Interest Rate to Tame Soaring Prices

Image Source: BBC To contain rising prices in the greatest economy in the world, the US central bank has announced yet another abnormally large interest rate increase. The Federal Reserve announced that it would raise its benchmark interest rate by 0.75 percentage points, with a target range of 2.25 to 2.5 percent. Since March, the […]