What Is Inflation and Why Does It Matter?
The Downside of High Inflation
The Role of the Federal Reserve and Interest Rates
- Low interest rates act like the gas pedal, making borrowing cheaper for consumers and businesses. This encourages spending and economic growth.
- High interest rates act like the brake pedal, making borrowing more expensive. This discourages spending and helps slow down inflation.
Why Your Savings Account Matters More Than Ever
High Yield Savings Accounts: A Better Alternative
UFB Direct Portfolio Savings account