TransUnion: Consumer Outlook Mixed in Q2

TransUnion, Chicago, released its Consumer Pulse Study for the second quarter, finding consumer concerns about inflation and interest rates have hit their highest levels in two years. However, more than half of Americans remain optimistic about their household finances over the next year.

FOMC Holds Rates Steady

The Federal Open Market Committee held interest rates steady yesterday–as many forecasters had predicted.

Fed Keeps Rates Steady But Options Open

The Federal Open Market Committee held rates steady at its June meeting but kept its options open for July and later this year.

Fed Adds 25 Basis Points to Federal Funds Rate

The Federal Open Market on Wednesday raised the federal funds rate by another 25 basis points, a move widely anticipated by analysts and financial markets.