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Tag: interest rates

Jean Chatzky: Reduce Your Debt Before Interest Rates Soar

by on Mar.04, 2011, under Towing

If you are sitting on a lot of debt, you need to take action quickly. Personal Finance expert Jean Chatzky explains that interest rates will rise so it’s important that you take steps now. In this video, Chatzky explains how to get started and discusses some great sites that might be of help.

Continue reading Jean Chatzky: Reduce Your Debt Before Interest Rates Soar

Jean Chatzky: Reduce Your Debt Before Interest Rates Soar originally appeared on DailyFinance on Fri, 04 Mar 2011 13:10:00.

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Labor’s Fall — Not Oil’s Rise — Is Key to Inflation

by on Mar.01, 2011, under Towing

Wisconsin labor protest

Despite all the worry over the impact of rising oil prices, recall that the U.S. is now a largely services-based economy. And observe that the rising wages that have led to real overall cost rises in decades past are nowhere to be found today. Exhibit A is in Wisconsin.

Continue reading Labor’s Fall — Not Oil’s Rise — Is Key to Inflation

Labor’s Fall — Not Oil’s Rise — Is Key to Inflation originally appeared on DailyFinance on Tue, 01 Mar 2011 12:00:00.

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Oil and Food Prices Keep Rising, but It’s Not Time for the Fed To Act

by on Feb.28, 2011, under Towing

Oil and Food Prices Keep Rising: Should the Fed Raise Interest Rates

Unrest across the Middle East is pushing high oil prices higher, and that’s having a cascade effect that feels a lot like inflation as these higher prices bubble through the economy. Still, that’s not enough reason for the Fed to battle inflation by starting to raise rates.

Continue reading Oil and Food Prices Keep Rising, but It’s Not Time for the Fed To Act

Oil and Food Prices Keep Rising, but It’s Not Time for the Fed To Act originally appeared on DailyFinance on Mon, 28 Feb 2011 12:00:00.

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Trapped: The Fed Has Painted Itself Into a Corner

by on Feb.23, 2011, under Towing

Fed Chairman Ben Bernanke

Having committed itself to ultralow interest rates and quantitative easing, the Fed is now caught in a double bind: Continue those policies and keep pumping money into speculative, inflation-hiking commodity bets — or end them and let rates rise, with the harmful economic impact.

Continue reading Trapped: The Fed Has Painted Itself Into a Corner

Trapped: The Fed Has Painted Itself Into a Corner originally appeared on DailyFinance on Wed, 23 Feb 2011 12:30:00.

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Bucking a Trend: Why the Dollar Could Rally in 2011

by on Feb.21, 2011, under Towing

Dollar versus renminbi

Despite all the headwinds blowing against it — and they’re fierce — the U.S. dollar has been holding its own against the world’s major currencies. And if the U.S. recovery remains on track, the greenback has good odds of actually strengthening in 2011.

Continue reading Bucking a Trend: Why the Dollar Could Rally in 2011

Bucking a Trend: Why the Dollar Could Rally in 2011 originally appeared on DailyFinance on Mon, 21 Feb 2011 10:00:00.

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