Banking
Fed’s interest rate history: The federal funds rate from 1981 to the present
13 min read
The Federal Reserve and Your Money
Interest rates are a little lower than they used to be, but they’re still near the highest levels in over a decade. Here’s what it means for your wallet.
The latest on the Fed from Bankrate’s experts
“Progress toward 2 percent inflation has stalled out, and the Fed knows it. They gave no indication in their post-meeting statement that a resumption of rate cuts is likely at the next meeting in March.”
Powell says FOMC is ‘in no hurry’ to cut again after Fed holds rates steady
The Federal Reserve decided to delay additional rate cuts for now and keep interest rates unchanged at its first meeting of the year, giving officials time to assess whether inflation is cooling and how President Donald Trump’s policies might impact the U.S. economy.
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Recent interest rate trends
Every time the Federal Reserve adjusts interest rates, borrowing and savings rates move in lockstep. Compare Bankrate data to see how the latest Fed decision is impacting rates on key consumer products.
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Latest articles
But the U.S. economy should pick up speed, thanks to fresh fiscal stimulus.
The Fed is pledging to keep aggressively supporting the economy, even after the pandemic officially ends.
Here’s how this unconventional policy works to try and keep yields below a certain level.
For consumers, the pros and faults of today’s low-rate world will prevail for months, if not years, to come.
The economy is nowhere close to being out of the woods.
Consumers should stick to the status quo.
The Fed has more in its back pocket than just cutting interest rates.
The Fed will continue to stay on the sidelines when it comes to rates.
The bottom line? Don’t let emotions guide your financial decision-making.
You might not feel better about inflation because prices are still up post-pandemic.
Prices rise and fall all the time in the U.S. economy. It’s not always inflation.
The key benchmark has been as high as 20 percent — and as low as 0 percent.
The Fed’s rate cuts might be on pause. Here’s what you should do as a consumer.
Bankrate’s experts are reacting live to the Fed’s latest interest rate decision.
Every financial decision you make is impacted by the Federal Reserve.
Consumers got a taste of rate cuts last year, It could be a while before they see them again.
You might not feel better about inflation because prices are still up post-pandemic.
Rate cuts from the Fed usually help borrowers. They aren’t right now.
Savings yields topping inflation could let you hold onto your purchasing power.
Consider a savings account with an APY above the inflation rate.
For savers, here’s what to consider when the Fed lowers interest rates.
The key benchmark has been as high as 20 percent — and as low as 0 percent.
The Fed’s rate cuts might be on pause. Here’s what you should do as a consumer.
The Federal Reserve announced that it’s holding interest rates steady following its Jan. 28-29 meeting.
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