CD rates tend to track the federal funds rate. When the fed rate goes down, CD rates decline, and vice versa. The Federal Reserve held the federal funds rate steady for nearly a year but made its ...

Forbes Advisor has compiled this history as a handy guide to the course of the federal funds rate and the Federal Reserve’s monetary policy decisions since 1990. The federal funds rate is the ...

President Trump has been very vocal in calling for the Federal Reserve to lower interest rates. Federal Reserve Chairman ...

The rate has stayed above 4% for more than two years as the Fed has aimed to lower inflation by keeping borrowing costs high.

The Federal Reserve is again leaving its benchmark interest rate at 4.25% to 4.5%, citing rising economic uncertainty.

Here’s how the central bank’s interest rate stance influences car loans, credit cards, mortgages, savings and student loans.

Interest rates for credit cards to mortgages jumped since the Fed began fighting inflation in 2022. Here's where experts ...

Here's how the Fed's rate hike affects specifically credit card APRs, plus how you can avoid being impacted too much. The Fed controls what's called the federal funds rate, or the interest rate ...

The U.S. Federal Reserve sets borrowing costs for shorter-term loans by changing its federal funds rate. This rate dictates how much banks pay each other in interest to borrow funds from their ...

which impacts the rates auto lenders set. When the federal funds rate fluctuates, so will the cost to finance a vehicle. The Fed increased the benchmark rate 11 times between 2022 and 2023 ...