Tag Archive for: consumer spending

New Wage Growth Will Influence Fed’s Interest Rate Decisions

On Tuesday, Jan. 31st, the Bureau of Labor Statistics released the monthly employment cost index summary. Although employment cost growth is slowing, it’s likely not doing so fast enough for the Fed. CLICK ON THE HEADLINE FOR MORE

Why Mobile Payments Will Never Replace Cash

Although there is no shortage of articles predicting the downfall of cash, it's probably too far-fetched to expect cash payments to disappear completely. For many, cash is still king. CLICK ON THE HEADLINE FOR MORE