borrowing

France borrowed heavily at short-term rates during the era of near-zero interest rates, and now faces refinancing that debt at much higher costs.

The quarter-point increase lifts the Fed’s key rate to about 3.9% and could result in higher borrowing costs for mortgages, auto loans, and credit cards.

The Treasury wants to use short-term borrowing to finance the national debt. While short-term interest rates are usually lower than long-term rates, they’re also more volatile.

As interest rates on other forms of borrowing grow, HELOCs have become increasingly popular among homeowners with high credit scores.

The study argues implicit bias from court officials is part of the problem in Chapter 13 cases. The head of a trustees group doesn’t agree.

Economists say that if foreigners buy fewer American goods, then the federal government needs to spend less, but that’s not happening.

A report from Bankrate found that lenders rejected nearly half of all loan applications in 2024, and auto loan and mortgage refinance rejections hit record highs.

Some effects of cheaper money won’t be visible until next year, and smaller, more risk-averse businesses may be slower to respond.

Whether it’s new machines for a factory or better software to manage payments, companies spend because they see opportunities.

Loans are a big cost, but they would muddle the data in the CPI. Fed rate hikes would essentially create inflation, despite their intention.