Cloudy With a Chance of Rate Cuts Interest rates have soared since the Federal Reserve kicked off its campaign to fight inflation. But after holding rates steady at its last two meetings, and inflation cooling down in recent months, the market predicts rate cuts could be in our future. For anyone shouldering an expensive debt…Read more
SoFi Hong Kong Blog
Buzzword Breakdown ‘Choiceful’ has swiftly become the new buzzword in corporate boardrooms to describe consumers who are pickier about how they spend their money. In 2023, this word was present in more than a dozen S&P 500 earnings calls, signaling its growing importance in the corporate vernacular. Strategic Spending The word is catching on in…Read more
Priced Out America’s housing market flashed red hot during the pandemic, and even though things have changed, it hasn’t really calmed down that much yet. In response, prospective buyers who feel they can’t afford their dream home are beginning to redirect the money they saved for a down payment. Instead of building a nest-egg, many…Read more