Goolsbee rejects idea of Fed cutting rates to help US finance its debt | WSAU News/Talk 550 AM · 99.9 FM

By Howard Schneider WASHINGTON, Sept 21 (Reuters) – Suggestions that the Federal Reserve could lower borrowing costs to help the US government finance its current ​debt and deficits are the very reason ‌the central bank needs to be independent in setting monetary policy, Chicago Fed President Austan Goolsbee said on Monday. Fiscal policy and deficit…

Goolsbee rejects idea of Fed cutting rates to help US finance its debt — TradingView News

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Africa’s debt-swap push tests whether innovative finance can turn debt relief into development

1 African governments are increasingly turning to debt swaps and other structured financing arrangements to reduce debt-service pressures while directing savings towards infrastructure, climate resilience and social development, as high borrowing costs and constrained public budgets limit conventional financing options. From Zambia’s debt-for-development transaction and Kenya’s geothermal financing to debt-for-nature arrangements in Gabon, the emerging…

Attorney General Joins Nationwide Bipartisan Settlement with Subprime Auto Lender, Credit Acceptance Corporation (CAC), Returns $6.86 Million in Restitution and Debt Relief to Affected California Consumers – goldrushcam.com

Attorney General Joins Nationwide Bipartisan Settlement with Subprime Auto Lender, Credit Acceptance Corporation (CAC), Returns $6.86 Million in Restitution and Debt Relief to Affected California Consumers  goldrushcam.com Read the original article here

How to manage your debt

Debt is hard to manager, and for some, it might be getting even tougher. Experts say the Fed rate hike last week was necessary to fight inflation, but if you carry a monthly credit card balance, it’s about to become even more costly. It’s coming at a time when a record number of Americans are…