The cost of borrowing has soared on everything from credit cards to car loans to home equity lines of credit. So is a recession next in 2023 or 2024?       

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Topics:  recession   credit   
BING NEWS:
  • Fed eyes ‘gradual’ approach to cutting U.S. interest rates, minutes show
    Many” senior Federal Reserve officials said a more gradual approach to reducing interest rates was warranted in light of ongoing uncertainty about the U.S. economy and the appropriate level of ...
    11/26/2024 - 6:34 am | View Link
  • Interest Rates Recently Did Something They Haven't Done Since March 2020, and It Could Trigger a Big Move in the Stock Market
    By my own observation, a recession eventually struck the U.S. economy practically every single time the Fed hiked rates: Therefore, if there is a correction in the S&P 500, it's unlikely to be due to ...
    11/22/2024 - 3:37 pm | View Link
  • Fed's latest rate hike means credit cardholders can expect higher bills this spring and summer, warns expert
    In a move that many Americans have been anticipating over the last couple months, on Wednesday the Federal Reserve raised interest rates for the first time since December 2018. The Fed ...
    11/14/2024 - 2:30 am | View Link
  • Fed cuts interest rates a second time but economists say 2025 outlook uncertain
    Two days after fierce Fed critic and former President Donald Trump won his second trip to the White House, the Federal Reserve stayed on course and cut interest rates for the second time since ...
    11/7/2024 - 6:37 am | View Link
  • Fed Cuts Interest Rates For Second Time In 2024
    Thursday’s rate cut comes after the Fed cut interest rates for the first time in four years back in ... without tipping the economy into a recession. The U.S. economy has continued to grow ...
    11/7/2024 - 3:33 am | View Link
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