Economic growth was healthy in 2024, coming in at 2.8% compared to 2.9% in 2023. The continuing expansion is driven by ...
Tariffs don't directly cause interest rates to rise, but they might be part of the recipe. Learn if rates will go up, and ...
Federal Reserve Chair Jerome Powell will tell the Senate banking committee the Fed isn't "in a hurry" to resume its interest rate cutting campaign.
The Fed faces complex decisions as it decides how quickly to cut rates or whether to raise them amid Trump's tariffs and ...
According to the Bureau of Economic Analysis, consumer spending only increased by ... Note that while credit cards can still have high interest rates regardless of how good your credit score ...
Consumer spending is the lifeblood of the Philippine economy, which contributes about 70 percent of the country’s gross ...
Thus, the total is more stable and less subject to economic ... Most likely, interest rates will be neither a positive nor a negative for consumer spending in the year ahead.
Overall prices were up but core inflation held steady as consumers spent more, saved less and pushed more debt to credit cards.
“High inflation will usually lead ... of higher interest rates, making it more expensive to borrow money. The idea is to tame price increases by getting consumers to scale back on spending.
EMIs on home and vehicle loans will come down, making it easier for individuals to repay their debts. A lower repo rate makes ...