Stretching Your Dollar: How the Israel-Hamas War Could Impact Oil Prices
The ongoing Israel-Hamas war could have implications on our wallets here in the U.S., particularly on the cost of fuel. Robert Sinclair, AAA Northeast manager, joined 'Stretching Your Dollar' to talk about the already inflated cost of fuel and how the war in the Middle East could send them even higher.
Chair Jerome Powell says the Federal Reserve only expects to cut rates once in 2024. But at least, as one economist says, ‘rate hikes are off the table.’
With the Fed likely set to leave rates unchanged, lower and middle income Americans will continue dealing with higher credit card interest and expenses.