The Federal Reserve's interest rate hikes aim to control inflation by making borrowing more expensive, thus reducing spending ...

So what happens in 2025? We can expect additional interest rate cuts as the Fed continues to control inflation, with unemployment rates becoming the main focus for the FOMC. Lower rates will spur ...

By the way, our emergency fund used to exist only for actual emergencies, such as an unexpected medical bill or a blown tire on the side of the highway. As we've moved closer to retirement age, it's ...