The Federal Reserve held its June policy meeting on June 16 and 17. This was a widely watched gathering because it was the first one led by new Chairman Kevin Warsh. But why does everyone pay close attention to the… Read More
It has been an exciting time in the government bond market. The United States, the United Kingdom, Japan, and Europe have seen long-term interest rates accelerate since the start of the war in Iran. This is important because investors look… Read More
After the Coronavirus outbreak was declared a pandemic, Congress passed stimulus and relief packages that cost trillions of dollars to help people who had to stop working because of the lockdown. But now, many Americans worry that all this new… Read More
Everybody is a borrower and a lender in today’s economy. Every time a person uses a credit card, they are borrowing money from a credit lender. In each transaction, interest is involved. But what is interest exactly, and how does… Read More
