Inflation — it’s a word you hear frequently, but do you really understand what it means? The main effects of inflation are better interest rates for savings accounts and higher costs of living, but ...
Learn how interest rates affect savings, borrowing, and the economy, impacting personal and business finances. Discover their role in investments and economic trends.
“Inflation” is a word any money-conscious adult hears or reads almost daily, but that doesn’t mean everyone totally understands how it can impact their finances. Truly comprehending the complexities ...
Inflation in the United States is now at the center of a political and pocketbook tug-of-war. The White House says prices are rising at roughly 2.5%, a figure officials present as proof that the worst ...
The Federal Reserve has now cut interest rates for the third straight meeting, but the decision was anything but unanimous. Three officials broke ranks, arguing that with inflation still running above ...
6 October 2025 - Last month, UN DESA’s Economic Analysis and Policy Division hosted the fourth session of its Development Policy Seminar Series on the World Economic Situation and Prospects. The ...
Inflation is a word you hear all the time. However, many people don’t fully understand how it works or how it impacts their daily lives. While some effects of inflation, such as the ever-increasing ...
From understanding inflation to how compound interest works, many consumers struggle with the financial basics. That's according to preliminary findings from a recent survey of more than 25,000 ...
Discover how reference rates like the SOFR and prime rate serve as benchmarks for setting interest rates, and explore their impact on mortgages and financial contracts.
The 302nd meeting of the Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC), held on September 22 and 23, represents a pivotal moment in the country’s evolving monetary policy stance.