interest rates

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Does President Obama's budget help or hurt soon-to-double student loan interest rates?

Apr 10, 2013
In July, interest rates on some federal student loans are set to jump from 3.4 percent to 6.8 percent -- and students are scrambling to stop the change.
Posted In: federal student loans, interest rates, federal budget, higher education

Another Fed meeting... Why bother?

Jan 30, 2013
With interest rates locked near zero until 6.5 percent unemployment, what's the point of meeting until then?
Posted In: Fed, Federal Reserve, Economy, interest rates

Housing market to gradually move up in 2013

Jan 3, 2013
Marketplace Economics Correspondent Chris Farrell says there is one bright economic spot to look forward to in the coming year: the housing market.
Posted In: Housing, housing market, interest rates, mortgage

Savers among hardest hit by low interest rates

Sep 14, 2012
People who save may bear a disproportionate share of the burden in our insatiable appetite for low interest rates.
Posted In: QE3, interest rates

What's a floating-rate note and how does it work?

Aug 6, 2012
The Treasury Department is planning to roll out a floating-rate note program in about a year. But what is a floating-rate note and why do we need one? Sr. Producer Paddy Hirsch explains with a boat analogy.
Posted In: Treasuries, interest rates, floating-rate, Investing

The question of adequate financial regulations

Jul 10, 2012
News this morning that Bob Diamond, the former head of Barclay's bank has given up $30 million in bonuses after resigning over that interest rate rigging scandal. And the scandal has brought up the issue -- yet again -- of whether current regulations on the financial industry are adequate.
Posted In: banking, bank regulations, Bob Diamond, interest rates

China and EU stimulus may lift U.S. economy

Jul 5, 2012
Today central banks in Europe and China announced new monetary stimulus measures to spur economic growth. How will the global stimulus measures impact the U.S. economy and unemployment?
Posted In: jobs report, Federal Reserve, Unemployment, interest rates

LIBOR For Mortals: An Easy Explainer

Jul 3, 2012
An investigation into LIBOR -- a crucial interest-rate benchmark -- has resulted in a fine for Barclays and the resignation of its chairman, Marcus Agius. But what does it all mean for the average American? Easy Street is here to help.
Posted In: LIBOR, interest rates

Explaining the Fed's 'Operation Twist' with diamonds

Jun 26, 2012
The Federal Reserve's most recent policy move is simply a way of driving down interest rates. But how does it work? Sr. Producer Paddy Hirsch explains Operation Twist with a simple analogy.
Posted In: Fed, treasury, Operation Twist, Federal Reserve, Treasuries, interest rates

The snowball way toward eliminating debt

Jun 14, 2012
I have been paying down my debt using the snowball method. I'm making great headway and have cut my debt load in half in 3 years. I'm at a point where I need to choose between a home-equity loan with a variable rate (currently at 4.24 percent but eligible for tax deductions) and a car loan at 3.5 percent fixed. Which makes more sense to pay down? Scott, Chatham, MI
Posted In: interest rates, home equity loan, car loan, debt repayment

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