"It's a brand new system and there's not enough people in place to help answer those questions," said Thiago Glieger.
The Fed’s decision was aimed at jump-starting a slowing economy clouded by stubborn sticky inflation and political tension.
For retirees who are using income distributions from their investments to help cover living expenses, the small fees levied by index funds and ETFs ensure that more of those payouts flow to them.
A Fed rate cut lowers the “federal funds rate,” which is the short-term interest rate banks pay when lending to each other.
The Federal Reserve is making it a little bit cheaper to borrow money. The central bank hopes to prop up the job market. But it's making no promises that rates will fall further in December.
The Federal Reserve has cut its benchmark interest rate by a quarter point for the second time since September. Before that, ...
Social Security is rapidly approaching insolvency. The retirement trust fund is seven years from exhaustion, and the theoretically combined trust funds are nine years from running out. Without ...
A top contender to run the US Federal Reserve threw his support Thursday behind a quarter-point rate cut later this month, claiming he believed inflation would soon cool. Speaking in New York, US Fed ...
In a wide-ranging interview, John C. Williams discussed the outlook for interest rates, his concerns about the labor market and the importance of the Fed’s independence. Here is a full transcript. By ...
If the Fed keeps cutting rates, it could change how much your required minimum distribution earns once it leaves your account. Here’s why some retirees may want to withdraw soon, not in December.
Mortgage rates have been in a very narrow range for nearly 3 weeks with the last major move seen on September 17th and 18th following the Fed rate cut. Paradoxically but not surprisingly, rates ...
Whenever a government shutdown lingers, federal employees naturally worry about paychecks, job security, and how daily operations will be affected. But there’s another important angle many people ...