Grow: All of these things will cost more in 2019 [MarketWatch]
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Source: MarketWatch
All of these things will cost more in 2019 Some 2019 predictions: Tom Brady will lead the Patriots in yet another Super Bowl. “A Star Is Born” will win big at the Oscars. And our dollars won’t stretch quite as far as they do today. Yep, it’s likely we’ll pay more for a lot next year, spanning from credit card interest to new cars and groceries. Here’s what to start budgeting more for now. The Federal Reserve (our central bank) uses interest rates as its primary lever to influence the economy. When the economy needs a boost, rates stay low; when it’s healthy, the Fed typically raises them. So far in 2018, we’ve had three rate increases, and will likely have another this month plus more in 2019. That’s positive news for the economy, but not so great for anyone with variable-rate debt, like most credit cards, as well as some mortgages and auto loans. For example, the seven interest rate increases between December 2015 and September 2018 already cost Americans an extra $9.65 billion in cr
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