Fed holds rates steady, hitting pause after series of cuts
The central bank’s decision to pause at its first meeting of 2025 followed a series of cuts that began in September to ...
Hopes for more Fed rate cuts dim as Powell notes hot CPI means 'we're not quite there yet'
A Fed interest rate cut won't be coming until at least September, if at all this year, following a troubling inflation report ...
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The Fed is hitting the pause button on rate cuts, for now. Here's the impact on your money.
Borrowers hoping for more financial relief from the Federal Reserve may have a wait on their hands, as the central bank is ...
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Federal funds rate: What it is and how it affects you
The federal funds rate is the interest rate the government ... The federal government used to require banks to hold a certain percentage of their deposits in cash as a reserve.
Should You Buy CDs Before Interest Rates Drop Again?
Federal Reserve rate cuts likely won't make a huge difference for CD investors, and you may have better options. Find out why ...
Mortgage Rates Bobbing in a Narrow Range Near 8-Week Low
The 30-year mortgage rate average continues to waver, rising slightly Tuesday to 6.85%. The flagship average has been moving in a mild yo-yo pattern over the past two weeks that includes its cheapest ...
30-Year Refinance Rates Fall Back to Notable Threshold
Refi rates have ticked down, lowering the 30-year rate average after two days of inching up. Rates for several other refi ...
Fed Stays Steady, and Powell Offers No Guidance on Future Rate Cuts
After three cuts at the end of last year, Federal Reserve officials paused rate moves as they weigh a solid economy and ...
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Fed Hits Pause on Interest Rates
To start 2025, the Federal Reserve Bank is keeping the federal funds rate unmoved. Following a cut in December, the range ...
Fed keeps interest rates unchanged — pushing Trump to bash Powell for failing to stop ‘problem they created’
Fed Chair Jerome Powell said “we do not need to be in a hurry to adjust our policy stance” and monetary policy is “well ...
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US Fed keeps interest rates unchanged at 4.25-4.5 percent as inflation picks up
WASHINGTON -- The US Federal Reserve on Wednesday left the target range for the federal funds rate unchanged at 4.25 percent ...
The Fed didn’t budge on rates. Here’s why that matters for your bank accounts
Most people pay little attention to the Federal Reserve and monetary policy. But they have an outsized impact on your bank ...