Interest Rates Archives - Page 2 of 2

August 29, 2026
Nationwide Increases Fixed Savings Account Rates to 4.55% Ahead of
London, August 29 — Nationwide Building Society announced on 2023-10-01 that it is raising interest rates on several fixed-rate savings products, including…
August 29, 2026
Harvard Economist Kenneth Rogoff Warns Debt Reckoning Will Burden
WASHINGTON, August 29 — Harvard economist Kenneth Rogoff warned that America’s expanding fiscal deficits will inevitably force a debt reckoning that hits…
August 20, 2026
NS&I Increases Premium Bonds Prize Fund Rate to 4.35%, Adding 12
WASHINGTON, August 20 — The UK government-backed savings bank NS&I announced a rise in its Premium Bonds prize fund rate, effective September.…
August 14, 2026
UK Interest Rates Push 5.3M Savings Over Tax Threshold
LONDON, August 14 — The UK’s Personal Savings Allowance, once a reliable shield for millions of savers, is now leaving a growing…
August 14, 2026
5.3 Million UK Savers Face Tax Bills Amid Frozen Thresholds, Rising Rates
LONDON, August 14 — Against a backdrop of economic tightening, a quiet but dramatic shift is unfolding in British household finances: the…
July 11, 2026
U.S. Treasury borrows $155B monthly, pays $24B weekly in interest
WASHINGTON, July 11 — The United States Treasury is now borrowing $155 billion every single month of the current fiscal year, a…
July 11, 2026
Federal interest costs to surpass Medicare spending in historic shift
WASHINGTON — The Congressional Budget Office’s long-term budget outlook, released in February 2024, painted a stark picture of the nation’s fiscal trajectory.…
July 11, 2026
Federal Reserve Rate Hikes Raise Government Borrowing Costs to 3.1%
WASHINGTON, July 11 — For sixteen months, the Federal Reserve steadily tightened the screws on the American economy. Starting from near zero…
July 10, 2026
Paul Volcker broke inflation with 20% interest rates
NEW YORK, July 10 — The technical reality of crushing double-digit inflation is that the usual tools often fail. Paul Volcker, who…
July 8, 2026
Federal Reserve’s Role in Crises: Depression to 2008 and COVID
WASHINGTON, July 8 — The Federal Reserve System, now more than a century old, stands as a testament to how financial panics…
July 5, 2026
Economic and Human Impact: How Inflation and Rates Affect American
WASHINGTON, July 5 — The figure that matters for millions of American households: real average hourly earnings, adjusted for inflation, grew by…
July 5, 2026
Context: The Federal Reserve’s Monetary Policy Framework
WASHINGTON, July 5 — The Federal Reserve finds itself in a holding pattern, with interest rates steady and the central bank’s leadership…
June 28, 2026
Carrying High Credit Card Debt While Using HYSA Costs You Money
The math is brutal, and it doesn’t care about your feelings. Carrying a credit card balance above 20 percent APR while also…
June 28, 2026
Federal Reserve Rate Cuts Tighten Banks’ Ability to Offer High Savings Yields
The arithmetic of a high-yield savings account is brutally simple. Banks take your money and lend it out at a higher rate…
June 28, 2026
Online Banks Quietly Lower Savings Yields After Fed’s Rate Cuts and Pause
The Federal Reserve’s three rate cuts in late 2025 and the subsequent pause have prompted a quiet recalibration among the nation’s online…