Shelly Warding

Shelly Warding is a rising personal finance expert who strives to help consumers improve their finances by making money easy to understand.

Joined: November 14, 2023
Articles: 26

Budget, Personal Loans

Fed Holds Rates as Dot Plot Flips to a 2026 Hike at Warsh’s First Meeting

Marble neoclassical facade of the Federal Reserve headquarters in Washington at golden hour under a clear blue sky

The Fed held rates at 3.50 to 3.75 percent on June 17, 2026, but its new dot plot flipped toward a 2026 hike at Kevin Warsh's first meeting. Prime stays 6.75 percent.

Shelly Warding
June 22, 2026

Budget, Personal Loans

How the U.S. Debt Ceiling Works: Inside the $41.1 Trillion Limit

The United States Treasury Department building in Washington DC photographed wide in cool overcast daylight, its neoclassical granite facade and tall columns visible with the Alexander Hamilton statue and an American flag in front under a pale gray sky

The U.S. debt ceiling caps how much the Treasury can borrow to pay bills Congress already approved. Here is how the $41.1 trillion limit works and when it binds next.

Shelly Warding
June 15, 2026

Budget, Personal Loans

Treasury 30-Year Auction Stops at 5.02%, First Back-to-Back 5% Sales Since 2007

The United States Treasury Building in Washington at golden hour with granite columns and an American flag, overlaid by a faint rising yield-curve line symbolizing climbing long-term borrowing costs

Treasury's $22 billion 30-year auction stopped at 5.02% on June 11, the first back-to-back 5% sales since 2007, days before the June 16-17 Fed meeting.

Shelly Warding
June 12, 2026

Budget, Personal Loans

How the U.S. Prime Rate Is Set: From the Fed Funds Rate to Your Loan

Illustration of the Federal Reserve building connected by arrows to a row of commercial bank towers, representing how the federal funds rate flows to the bank prime lending rate

The U.S. prime rate is 6.75%, but the Fed does not set it. Here is how banks derive prime from the federal funds rate and what it means for your loans.

Shelly Warding
June 9, 2026

Budget, Personal Loans

ADP Says Private Payrolls Rose 122,000 in May, Pointing to a June Fed Hold

A bright modern open-plan office adjoining a busy logistics warehouse where office staff work at computers and warehouse workers in safety vests move boxes and operate a forklift, illustrating broad private-sector hiring across industries

Private employers added 122,000 jobs in May, ADP reported June 3, a broad-based gain that reinforces the case for the Federal Reserve to hold rates at its June 16-17 meeting and keep prime at 6.75%.

Shelly Warding
June 3, 2026

Budget, Personal Loans

Q1 GDP Revised Down to 1.6% as Profit Growth Stalls Before June Fed Meeting

Modern American downtown financial district at dusk with a large digital economic ticker board, conveying a slowing U.S. economy after the Q1 2026 GDP revision.

U.S. GDP grew just 1.6% in Q1 2026, revised down from 2.0%, as corporate profit growth stalled and inflation stayed hot, keeping the Fed on hold and prime at 6.75%.

Shelly Warding
May 31, 2026

Budget, Personal Loans

Warsh Takes Office as Fed Chair, Signals Slower Cut Path Before June 17 FOMC

Wide cinematic photograph of the Marriner S Eccles Federal Reserve building in Washington DC at golden hour with dramatic side lighting on the white marble neoclassical facade tall fluted columns casting long shadows the eagle and seal above the central pediment an American flag at the entrance and a dignified institutional mood

Kevin Warsh was sworn in May 22 as the 11th Fed chair after the closest Senate vote in modern history. His first FOMC is June 16-17 and markets now price a 65% chance of no cuts in 2026. Here is what changes for borrowers and savers.