Recession Helpdesk

Most recent stories in Recession Helpdesk

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  CNET

  

  Inflation Cooled for the First Time in 2024. But Don't Expect Fed Rate Cuts Any Time Soon

  CNET - Dashia Milden

  Written by Dashia Milden Dashia Milden Dashia is a staff editor for CNET Money who covers all angles of personal finance, including credit cards and banking. From reviews to news coverage, she aims to help readers make more informed decisions about their money. Dashia was previously a staff writer at …

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  CNET

  

  Inflation Keeps on Trucking, Thanks to High Gas Prices

  CNET - Dashia Milden , Liliana Hall , Laura Michelle Davis

  Despite the high cost of consumer goods, experts say the Fed will likely skip another interest rate hike at next week's meeting. Though cooling prices over the last period left room for optimism, Wednesday's US Consumer Price Index report might bring the heat again. With inflation up 0.6% month over …

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  CNET

  

  Fed Hikes Rates for the 10th Time. Experts Weigh In on What's Next

  CNET - Dashia Milden , Marcos Cabello

  This may be the last rate hike for the year, but we're not out of the woods yet. The Federal Reserve issued its 10th consecutive rate hike since March 2022, pushing the federal funds rate to a target range between 5% and 5.25%, the highest level since 2007. It's clear that while inflation is …

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  CNET

  

  I Bonds' Rate Cools Down While Long-Term Value Increases

  CNET - Peter Butler

  Slowing inflation has lowered the variable interest rate for I bonds, but the change comes with a higher fixed rate. Due to soaring inflation at the start of 2022, Series I savings bonds quickly became an obvious value investment. When the stock market dropped and crypto flailed, I bonds purchased …

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  CNET

  

  New Year, New Savings Plan: 5 Smart Tips for Beginning Investors

  CNET - Marcos Cabello

  Hedge against inflation and secure your future with a solid investment plan based on expert advice. It's not an easy time to be an investor. While the Federal Reserve's rate hikes have helped interest on high-yield savings accounts to rise considerably, the stock market has struggled -- the S&P 500 …

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  CNET

  

  Is the US in a Recession? The Latest on the Stock Market, Layoffs, Inflation and More

  CNET - Farnoosh Torabi

  Though inflation shows signs of cooling, we're not out of the woods yet. After almost a yearlong battle, inflation is finally showing signs of cooling as signaled in this week's Consumer Price Index report. The stock market rallied in response, with investors hopeful that the Federal Reserve might …