Showing posts with label Federal Reserve. Show all posts
Showing posts with label Federal Reserve. Show all posts

Wednesday, August 21, 2019

President Trump: Federal Reserve ‘Raised Interest Rates Too Fast, Too Furious’

Wednesday, August 14, 2019

Peter Navarro Blames Sinking Dow on Interest Rates: ‘Basically the Federal Reserve’s Problem’

Tuesday, July 30, 2019

Trump on Interest Rates: I’m Very Disappointed in the Fed

Tuesday, June 11, 2019

Danielle DiMartino Booth Appears on FBN’s ‘Varney and Co.’ To Discuss Interest Rates

Monday, August 20, 2018

David Bahnsen Appears on FBN’s ‘Cavuto: Coast to Coast’ To Discuss Federal Reserve

Wednesday, June 13, 2018

Fed Chair Jerome Powell: ‘The Main Takeaway Is that the Economy Is Doing Very Well’

Wednesday, March 21, 2018

Fed Chair: The Economy’s Healthier than It’s Been Since Before the Financial Crisis

Wednesday, September 20, 2017

Yellen: ‘The U.S. Economy Is Performing Well,’ as Consumer Spending Is Growing

Tuesday, September 19, 2017

Sen. Elizabeth Warren Calls on Yellen to Force out Wells Fargo CEO

Thursday, November 17, 2016

Yellen: Fed Rate Rise Could Come ‘Relatively Soon’ as Data Point to Stronger Economy

Saturday, June 18, 2016

Forbes: Federal Reserve: American Credit Card Debt Could Hit $1 Trillion this Year

You Won't Believe How Many Millennials Own Credit Cards

by Sy Mukherjee, Jun. 13, 2016, Forbes.com

Or, you know, don’t.

A strong majority of millennials continues to shun credit cards, according to a new survey.

A Bankrate study released Monday finds that 67% of millennials don’t have credit cards. It’s the only adult demographic group where credit card ownership is that low—55% and 62% of 30-to-49 year olds and 50-64-year olds, respectively, have them, while ownership among American 65 and older is even higher.

The survey also highlights several other distinct socioeconomic trends when it comes to credit cards. For instance, nearly three-quarters of poor American how make less than $30,000 per year don’t have them while 81% of those who make more than $75,000 do. There are similar disparities between high school diploma holders and college graduates.