News

In the last few years, consumers have enjoyed record-high annual percentage yields (APYs) on their savings accounts, thanks ...
If the Federal Reserve cuts its benchmark rate this year, it will push savings and CD rates lower. Here's what the central bank says it expects right now.
CD rates tend to track the federal funds rate. When the fed rate goes down, CD rates decline, and vice versa. The Federal Reserve held the federal funds rate steady for nearly a ...
The path ahead for tariffs is still a wild card for the Fed with respect to inflation’s path. The market continues to ...
The Federal Reserve was widely expected to leave interest rates unchanged on Wednesday, at the conclusion of its March ...
The Federal Reserve kept its forecast for two rate cuts this year amid Trump's tariffs, which are expected to push up inflation and slow the economy ...
Federal Reserve Bank of Cleveland President Beth Hammack said on Wednesday that high levels of uncertainty in the U.S.
Wondering what’s in store for interest rates? Rate cuts are on pause for now, but we think that’s only temporary. We expect a further 2 percentage points in cuts to the federal-funds rate by ...
Data from the CME Group on Friday showed raised odds the federal funds rate will fall to 3.00% to 3.25%, down from 4.25% to 4 ...
The Federal Reserve’s interest rate policy meeting ending Wednesday afternoon did not bring the immediate rate cut(s) President Donald Trump hopes to see, as Trump’s tariffs throw a new wrench ...