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Finance & Markets

Ever wonder how the Fed's interest rate actually works? We've got answers

The Federal Reserve just raised interest rates this week for the first time this year. So how does it actually work? And what does it mean for the economy — and the rest of us? Here are some answers.

Ever wonder how the Fed's interest rate actually works? We've got answers

We haven't written up this one. NPR has the full story — the link below goes straight to it.

Read the original at npr.org →

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New Pillar: Government-Backed Digital Pension Scheme Accounts as a Parallel Alternative to Compulsory Super

A discussion paper evaluating a new, forward-only retirement system funded by non-marketable government bonds, run alongside the existing superannuation pool rather than replacing it.

  • Government-backed Digital Pension Scheme (DPS) proposed as parallel to compulsory superannuation
  • DPS funded through parallel account system with annual income top-ups and inflation-linked interest

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