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Even so, the federal funds rate remains the highest since 2007, according to a Bankrate analysis of historic Fed moves. The big question is when the Fed could get back to cutting interest rates.
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.
Rates for new 30-year loans dropped again, building a three-day decline from what had been a six-week high. Rates rose for ...
Do CD rates go up during a recession? Historical data suggests that CD rates track the federal funds rate, which has held true during past recessions. Typically, the Federal Reserve will lower ...
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 ...
But history ... the Fed leaves rates unchanged, hikes them or cuts them - and regardless of whether any changes come at the beginning or end of a rake-hike or rate-cut cycle. The chart below ...