With the average savings account paying 0.41%, according to the Federal Deposit Insurance Corporation (FDIC), it might feel a little bleak for savers. However, high-yield savings accounts still offer ...

For example, the Western Alliance Bank High ... it might decide to begin lowering the federal funds rate at some point — and interest rates on consumer products will follow.

Certificates of deposit (CDs) often offer the best rates for savings. However, to get the highest annual percentage yield (APY), you need to agree to keep your money with the financial institution for ...

In the last few years, consumers have enjoyed record-high annual percentage yields (APYs) on their savings accounts, thanks ...

History, for example, shows that the Fed’s goal of ... Before the Great Recession, the market-driven “effective” federal funds rate averaged 6.38 percent.

The Federal Reserve on Wednesday announced that it will leave a key interest rate unchanged for the second consecutive meeting amid persistent inflation and uncertainty about the economy.

Nominal GDP targeting would allow the central bank to balance price stability and maximum employment more effectively.

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 ...

Policymakers are instead doubling down on their commitment to keeping inflation and Americans’ expectations for price growth ...

The Federal Reserve was widely expected to leave interest rates unchanged on Wednesday, at the conclusion of its March ...