The Federal Reserve (Fed), America’s central bank, controls the cost and quantity of money available to American banks, businesses, and consumers by manipulating interest rates through various monetary policy tools. The Fed sets interest rates conducive to sustained economic growth and full employment levels. Increased employment levels bring more demand for goods and services and […]

Imagine you are part of a motley group of neighborhood friends. Some of you are cautious and patient, but many are impulsive. Your group is prone to mood swings triggered by greed and fear. Many in your group want to make a fast buck, and in this pursuit, they explore all kinds of strategies. In […]