Banking & Financial Education Blog

All Labor Has Dignity

The WE Program started with Hecky Powell and his Forrest E. Powell Foundation mission to honor all ambitious students in Evanston. For years, the FEP Foundation awarded scholarships to ETHS seniors who were heading off to career & tech opportunities after high school. Hecky and his board believed that students pursuing high paying, in-demand … Read More ›

Market Month Summary: August 2017

The Markets (as of market close August 31, 2017)

Equities in August saw many peaks and valleys throughout the month, finally rallying at the end of the month. Strong second-quarter gross domestic product (GDP) figures, steady job gains, and increased consumer spending sent stocks higher, despite stagnant inflation and heavy personal and financial losses caused … Read More ›

How do TIPS help fight inflation?

One way to help protect your portfolio against a sudden spike in inflation is by investing in Treasury Inflation-Protected Securities (TIPS).

TIPS are guaranteed by the federal government as to the timely payment of principal and interest. They are sold in $100 increments and available in maturities of 5, 10, and 30 years. The principal is … Read More ›

How do economists measure inflation, and why does it matter to investors?

The Federal Open Market Committee (FOMC) adjusts interest rates to help keep inflation near a 2% target. The FOMC’s preferred measure of inflation is the Price Index for Personal Consumption Expenditures (PCE), primarily because it covers a broad range of prices and picks up shifts in consumer behavior. The Fed also focuses on core inflation … Read More ›

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