Banking News
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
Bank branches in the U.S. has been steadily declining for years, but Navy Federal has taken a different approach.
Apprehensive consumers could stall a post-pandemic boom that many Americans have been clamoring for.
Here’s how these funds can help you achieve your goals.
Biden may want to hold off on raising taxes as the economy recovers — for now.
Legislators will soon get to work on drawing up the next round of coronavirus relief.
Taking a close look at your tax status will be especially vital if you’re still in school.
For consumers, the pros and faults of today’s low-rate world will prevail for months, if not years, to come.
Carefully managing your finances will be crucial, even if more aid is around the corner.
If you’ve been thinking of getting a longer-term CD, you may want to make a move.
These six simple moves can help you build a cash cushion.
Savings yields topping inflation could let you hold onto your purchasing power.
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.
If you’ve been thinking of getting a longer-term CD, you may want to make a move.
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.
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