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Latest Financial News: Student Loan Payments Paused and Potential Interest Rate Cuts
Here's the personal finance news you need to know this month, including the latest on student loans, retirement, inflations and mortgage interest rates.
The move was made after a federal appeals court temporarily blocked the new plan, which the Department of Education unveiled in August 2023. Economic experts say that barring any surprises, results of the latest CPI report increases the likelihood that the Fed will cut its federal funds rate for the first time since hiking it to a 23-year high in July 2023. While there are aspects of your financial situation that are outside of your control, building and maintaining a good credit score can help you weather challenges and save money in the long run.
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