The Federal Reserve has maintained its Fed Funds rate at 0% (the so-called Zero Interest Rate Policy or ZIRP) for fully six-and-a-half years in an effort to stimulate the economy and bring down the unemployment rate. The Fed Funds rate will be at the same level come this time tomorrow, despite encouraging signs of a “spring thaw” in economic activity.
Has crude oil entered a new bull market, or has the recent rally just been a correction in an oversold market? Where do you expect crude to move from here?
The month of June is officially underway and with it comes the official start of summer (in the Northern Hemisphere – apologies to my Australian friends!).
Wallet Hub, which was launched by Evolution Finance in February 2012 as a one-stop destination tool providing information to consumers and small business owners to help them make better financial decisions, recently listed the best cities to start a business in.