At last, interest rates for money market funds have started to rise. But inflation means that in real terms, you’re still losing money.
Tag: Interest Rates
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Persistent Inflation Puts Yellen in the Spotlight
The Treasury secretary’s recent comments about rising prices have put the Biden administration on the defensive.
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Fed officials are looking for slower job growth. They’re still looking.
Central bankers are waiting for signs that momentum in the economy is easing to a more sustainable level as they fight inflation.
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Why a Not-So-Hot Economy Might Be Good News
As the Federal Reserve tries to rein in inflation without causing a recession, slower job creation and wage growth could be a plus.