The Fed Is Meeting on Interest Rates Next Week. Here's How We Think Savings and CD Rates Will React.
Next week's Fed rate announcement could impact how much you can earn on savings accounts and CDs going forward. Here's what ...
CNBC21d
Understanding the federal funds rate: What it is and how it affects your wallet
The Federal Reserve sets the federal funds target rate, also known as the fed funds rate, which is the interest rate at which commercial banks lend to each other overnight. Below, CNBC Select ...
Federal Reserve is likely to hold interest rates steady next week. But some consumer loans are getting cheaper.
Although inflation receded last month, an escalating trade war threatens to cause prices to rise on a wide range of consumer ...
CNBC9d
When will interest rates go down again?
Starting in September, the FOMC lowered the federal funds rate three times in late 2024, ending the year with a target range of 4.25% to 4.50%. That flurry of activity, however, was preceded by 14 ...
Wall Street Journal24d
Survey Finds Majority of Investors Expect Fed to Cut Rates
The bulk of investors expect the Federal Reserve to cut interest rates this year, according to Bank of America’s global fund manager survey for February. Some 77% of fund manager survey ...
Fed to deliver rapid-fire rate cuts if economic downturn happens, traders bet
The Federal Reserve won't lower interest rates at its policy meeting next week, but could deliver the first of a set of rapid ...
Forbes3d
CD Interest Rates Forecast: Will CD Rates Go Up In 2025?
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 ...
The Motley Fool16d
What Is the Prime Rate?
Prime rate at 8.5% in Jan 2024, closely follows the federal funds rate. Credit card and HELOC rates often adjust based on changes in the prime rate. Mortgage and auto loan rates are influenced by ...
MarketWatch24d
Market-implied chance of no Fed rate cut by June rises to more than 50%
Fed-funds futures traders were pulling back Tuesday on the possibility of any rate cut from the Federal Reserve during the first half of the year and pricing in a more than 50% chance of no action.
AOL2d
When’s the next Federal Reserve meeting? What to expect — and how it affects your finances
At the end of its Federal Open Market Committee session on January 29, 2025, the Fed announced holding the federal funds ... History and Future of the Federal Reserve’s 2 Percent Target Rate ...