Banking
As Trump eyes Powell’s successor, the Fed moves toward another rate cut
7 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
“Americans who are hoping for lower borrowing costs should reset their outlook to a world of largely stable interest rates. Making financial decisions based on the assumption of imminent change is likely to lead to frustration.”
The Fed didn’t cut interest rates. Here are 5 things to watch next.
The Federal Reserve left interest rates alone at its first meeting of the year, keeping borrowing costs at a multiyear high for Americans as policymakers grow more cautious about making future cuts.
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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
The Federal Reserve’s decisions have ripple effects, including for mortgages.
If you’re looking at HE loans or have a variable-rate line of credit, pay attention to the Fed.
Auto rates will likely not decrease this year. Consider how to still save.
Does the Fed interest rate affect car loans? Yes, it does: It has a domino effect that can raise or lower auto loan rates.
The Federal Reserve held rates steady at its January 2026 meeting.
The Fed’s rate hold means loans costs are sticking. Here’s what it means for your business.
Bankrate analyzed the Fed’s historic rate moves for clues on what might come next.
The best way for investors to deal with the Fed’s interest rate changes? Focus on your long-term investment plan.
Experts see job cuts and a one-point jump in unemployment by this time next year.
For younger generations, the economy may feel like it’s never worked in their favor.
Fed officials are warning interest rates could rise higher than previously expected.
Low joblessness isn’t the only indicator of a healthy labor market.
The complicated nature of the Fed’s job can perpetuate some wild claims.
The Fed’s job is often to make the difficult choice between low unemployment or low inflation.
Recessions bring discomfort at best — and financial pain at worst.
Cooling inflation isn’t the same as low inflation.
The big question: How long will the Fed be on hold?
Bankrate analyzed the Fed’s historic rate moves for clues on what might come next.
The U.S. may dodge a recession, but experts aren’t denying it: Something feels off.
Rates could soon be within range of their pre-pandemic peaks. There’s a catch.
Rates are falling, and finance pros say it may be time for Americans to rethink some strategies.
Powell is dealing with the most intense division of his eight years as Fed chair.
Here’s what to skip and what to buy — and how to tariff-proof your budget.
It’s a tale of two job markets: secure for job holders, recession-like for job seekers.
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