The state of the economy is generally strong and inflation is slowing down, but still remains elevated. The Federal Reserve made its first cut of 2025 on Sept. 17.
The current U.S. inflation rate is 2.4%. The CPI rose 0.2% from December to January. The energy index fell 1.5%, shelter increased 0.2% and food increased 0.2%.
The federal funds rate — or fed rate — is the interest rate banks pay one another to borrow or loan money overnight. The current target range is 3.50% to 3.75%.
Fight reductions had been put in place to ease pressure on the air traffic control system, which was strained during the shutdown. They end Monday, Nov. 16.
Student loans can be confusing, but these resources offer legitimate student loan help if you want lower payments or to get rid of your debt altogether.
