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Helping your kids get a good start in life is a priority for many parents, and it often extends well past childhood and into adulthood. Alleviating some of the financial burden while they are getting careers going or providing housing or other forms of support has become not just normal but necessary.
Exploring Mortgage Interest Rates: A Look Back in Time and the Role of the 10-Year Treasury Yield
By now, the news cycle has come and gone regarding the Supreme Court and their decision to strike down the Student Loan forgiveness plan proposed by the presidential administration. It didn’t come as much of a shock to the administration according to an announcement they released after the decision, but many are wondering what comes next and what there is still to expect.
Understanding the Stock Market: How MAMAA Stocks Shape the Game
When people talk about the stock market, they often mention indexes like the S&P 500. But did you know that certain companies, like those referred to as MAMAA stocks, have a big impact on these indexes?
The news cycle shifts rapidly as news breaks and attention spans dwindle, but a reoccurring theme over the last few months has been FDIC Insurance. Much has been made to do about Silicon Valley Bank and others running low on funds, but there really isn't anything to fear from a consumer standpoint about your hard-earned cash going away with the bank.
Money supply refers to the amount of money in circulation in an economy at a given time. It includes all the physical currency and coins in circulation, as well as bank deposits and other types of liquid assets. The money supply can be classified into different categories, based on the degree of liquidity and accessibility of the assets included.
The Federal Reserve, or "the Fed," is the central bank of the United States. One of its primary goals is to maintain price stability, which means keeping inflation at a moderate and stable rate. To achieve this, the Fed uses various tools, including adjusting interest rates. In this post, we'll explore how increasing interest rates can help with inflation.