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The latest in banking news, surveys and statistics from our Bankrate experts.
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If you’re struggling to pay off debt and build savings, you’re not alone.
Check out the latest CD rates from Bankrate’s weekly survey of banks and thrifts.
Expect savings and money market account yields to slide lower, but they still should outpace inflation
Exclusive insights from our expert analysts
CD rates forecast for 2024: Expect banner year for savers with strong yields, lower inflation rate
The year 2023 came to a close with yields that had peaked on certificates of deposit (CDs) and other deposit accounts. Although Federal Reserve rate cuts are possible in 2024, it should remain a strong year for savers as annual percentage yields (APYs) stay high overall and inflation hopefully cools further.
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What is inflation?
Here’s a breakdown of what inflation is and isn’t, as well as why it matters so much for your wallet.
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Signs of a recession
The U.S. economy looks like it's still on stable footing, but high inflation and rising interest rates could challenge that down the road.
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Fed's interest rate decision
The biggest winners and losers from the Fed's interest rate decision.
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FOMC: what to expect
Fed meeting preview: As unemployment rises and inflation slows, should officials cut interest rates now?
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Latest articles
As the Fed is cutting interest rates, consider these certificates of deposit (CDs)
Rate cuts are coming. Just don’t call this a low-rate environment just yet.
Wages are on pace to fully recover from inflation by the second quarter of 2025.
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.
Here’s how to save money and get the most bang for your buck.
Now is still a good time to consider CDs for your portfolio. Here are five reasons.
Savers can still earn yields on deposit accounts that are outpacing inflation, even as some yields have decreased recently as banks anticipate a likely Federal Reserve rate cut in September. One such option [...]
Here are some places to look for a source of funds.
Here’s how to boost your savings.
Comparing savings rates can ensure you get the best return on your savings.
Check out the latest CD rates from Bankrate’s weekly survey of banks and thrifts.
Here are some of the best savings accounts you can sign up for as a business owner.
Six Bankrate experts share the career moves that let them get ahead financially.
Not paying fees and an easy way to bank should all be priorities. Here are some of our favorites.
Here are 11 creative ways to save money, regardless of your financial goals.
Fed officials are trying to prevent an economic slowdown from getting worse.
Tune in to Bankrate’s live coverage of the Fed’s first rate cut since 2020.
Credit card interest rates have a high mark up over the prime rate. Why are card APRs so high?
If you’re looking at HE loans or have a variable-rate line of credit, pay attention to the Fed.
For savers, here’s what to consider when the Fed raises interest rates.
Subprime borrowers are particularly affected by interest rate changes. Here’s how to prepare.
The Federal Reserve’s decisions have ripple effects, including for mortgages.
The Fed has cut rates by half a percentage point — how will that affect the housing market?
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