The Federal Reserve indicated a slower pace of interest rate cuts in 2025. Savers with high-yield savings and other cash-like ...

However, elevated debt balances, given increased consumer spending, suggest some Americans are under financial stress even ...

The Federal Reserve has projected fewer cuts to its influential interest rate in the new year. Here's what it could mean for ...

How much interest you can earn, however, depends on where savings rates currently stand.

The central bank has cut its benchmark interest rate three times in 2024, but mortgage rates haven't followed suit. In fact, ...

The housing market will end the year with its highest 30-year mortgage rate since July at 6.85%, according to data from ...

Banks are reluctant to offer lower rates, arguing there is a risk of loan defaults and they have locked in higher deposits.

However, in the second half of 2024, the Fed lowered the benchmark interest rate several times, and CD interest rates dropped ...

The spread between current and forward rates turned positive post-December Fed meeting. Check out why I predict a Fed rate ...

The Federal Reserve cut interest rates by a quarter point, its third reduction this year, but suggested only two more ...

After holding rates between 5.25% and 5.5% for nearly 14 months—the highest level in 23 years—this latest cut lowers the Fed’s benchmark interest rate range to 4.50% to 4.75%. As the Fed ...

With more than three years of experience as a personal finance writer, Jamela Adam simplifies complex money topics to help readers become experts at managing their finances. Her work has been ...