Get ready for inflation and interest rates to rise again
While it's too early for the Fed to make any adjustments, members of the Federal Open Market Committee may soon begin ...
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The Fed increased interest rates again — here's why you should save more and pay off debt in response
In December 2022, the Federal Reserve announced the seventh consecutive increase to the federal funds rate and indicated it intented to continue raising interest rates going forward. The ...
Powell Won’t Rule Out an Interest-Rate Increase for Next Year
Federal Reserve Chair Jerome Powell said Thursday it is too soon to be certain that the bank won’t need to raise interest ...
What the Latest Fed News Tells Us About 2025 Savings and CD Rates
Today's widely anticipated Fed rate announcement will have a notable impact on savers. Here's what to expect for savings and ...
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Why You Should Care About the Fed's Interest Rate Decision Today
When inflation is high and the economy is in overdrive, the Fed tries to pump the brakes by discouraging borrowing. It does ...
Why Trump’s return could spark another bout of inflation and delay interest rate cuts
Treasury yields — or market interest rates — spiked ... political influence on the Fed — would, if fully implemented, ...
Wall Street Climbs on Earnings and Fed Rate Cut Expectations
U.S. stocks were mixed on Thursday as investors waited for the Federal Reserve's decision on interest rates, due later in the ...
November FOMC Preview: Will Fed Pause, Skip, Or Cut Interest Rates?
The Federal Reserve will issue interest rate decision on Nov. 7. See how markets might expect the Fed to interpret the job ...
The Fed rate cut: What it means for your bank accounts, loans, credit cards, and investments
The Fed controls one interest rate: the federal funds rate, the short-term rate banks use to borrow from each other. The ...