436 results found
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Interest Rate Forecast: Remaining Low Throughout 2020
Many of us forecasters have been expecting interest rates to rise, but we’ll have to wait another year for that to happen. The key issue is economic growth strong enough to push inflation up, or at least to make the Federal Reserve worry about inflation rising. The latest economic data have dashed hopes for strong econ
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How Low Interest Rates Can Affect Retirement
Have recent interest rate cuts impacted retirement? The short answer is yes. Things can get complicated, but low interest rates do have long-term effects on the economy and could alter your retirement planning. Retirement Income One of the most obvious short-term effects to lower interest rates is a decrease in income
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Low recession risk, faster growth, and unemployment at a 70-year low — here are Goldman Sachs' predictions for the US economy in 2020
Goldman Sachs is optimistic about the US economy in 2020. The Wall Street titan's economists expect growth to accelerate next year after suffering from the trade war in recent months. They predict unemployment will drop to its lowest level since the Korean War, and they put the risk of a recession at one in five. Goldm
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Case Study: How Old National Bank Impacts Underserved Communities, Provides Affordable Housing
Established in 2015, the Old National Bank (ONB) Community Equity team plays a critical role in community development and sustainability projects
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You’ll make multiple decisions as you embark on
You’ll make multiple decisions as you embark on your financial journey, and choosing the right credit card is one of the most crucial. After
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Inflation is Healthy for the Economy – but too much can Trigger a Recession
This article was written by Richard S. Warr, Professor of Finance at North Carolina State University, and originally appeared on The Conversation , a not-for-profit news site dedicated to unlocking ideas and knowledge from academic experts. In a healthy economy, prices tend to go up – a process called inflation. While
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Interest rates will likely continue to be one of the highest searched terms in the coming quarter
Interest rates will likely continue to be one of the highest searched terms in the coming quarter. While policy and election content will continue to raise concerns, financial institutions can guide audiences with personalized content that answers their specific questions. This piece would entail a long-form, 1K word i
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Providing financial empowerment education within communities
Old National Bank dedicates resources to advance financial education and empowerment programs throughout the bank’s entire footprint. ONB’s
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Federal Debt When Interest Rates Rise
When interest rates rise, how much will the interest cost of the federal debt increase?
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The labor market is the strongest it's been since the pandemic started - and setting up a huge boost to America's most crucial economic engine
Tumbling jobless claims signal the labor-market rebound is entering full swing as the US reopens. Improved hiring can boost consumer spending, which accounts for 70% of economic activity. Stimulus boosted retail sales higher in March, and a stronger labor market can lift spending further. See more stories on Insider's