Economy – Rents Are Starting to Drop But That May Not Last
- Economy – Rents Are Starting to Drop But That May Not Last
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Federal Reserve Chair Jerome Powell delivered a stark message at the Fed Jackson Hole meeting: The Fed is determined to fight inflation with more sharp interest rate hikes, which will likely cause pain for Americans in the form of a weaker economy and job losses.
With interest rates rising, you may be considering parking your cash in a savings account. One option to earn more interest is a money market account, also known as a money market savings or money market deposit account.