News

With the Fed on Pause, Why Is the Top CD Rate Now Higher?
The Fed hasn't adjusted interest rates this year, and isn't expected to make a move for months. Yet today's highest CD rate ...
CNBC2mon
Understanding the federal funds rate: What it is and how it affects your wallet
The Federal Reserve sets the federal funds target rate, also known as the fed funds rate, which is the interest rate at which commercial banks lend to each other overnight. Below, CNBC Select ...
Fed Doesn’t Cut Interest Rates Again—Despite Trump’s Demands—As It Warns Of Higher Unemployment Risk
The Fed is in a “good place to wait and see” before moving on interest rates, Powell said Wednesday. “We don't think we need ...
USA Today24d
Did the Fed cut rates today? No, but here's when they might
The FedWatch tool tracks the likelihood that the Fed will change the fed funds rate based on futures prices. President Donald Trump's tariff proposals have put the Fed in a difficult position ...