Interest rates near zero are holding The Federal Reserve is rewarding people who are looking for mortgage, auto and personal loans with a continued near-zero interest rate. The good news for borrowers is that it will probably last for a little while. The Federal Open Market Committee aims to keep the federal funds rate between [...]
Many people believe that we may be through the worst of this current economic downturn, or perhaps they are just saying this in an attempt to restore some confidence back into the system. Over the last couple of weeks I have been asking my business contacts whether they have started to see any of those [...]
I have read various reports in recent days stating that we may well be through the worst of this current recession. Over the last couple of weeks I have been asking my business contacts whether they have started to see any of those green shoots, the famous starting sign of a recovery. Here is what [...]