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
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.
For savers, here’s what to consider when the Fed raises interest rates.
The key benchmark has been as high as 20 percent — and as low as 0 percent.
The Federal Reserve announced that it’s lowering interest rates following its September 17-18 meeting.
This Fed communication tool is important, but be cautious when interpreting it.
Rate cuts mark a new era for the Fed. Here’s what you should do as a consumer.
Every financial decision you make is impacted by the Federal Reserve.
The move marks an end to the Fed’s most aggressive economic rescue effort in history.
Follow these tips for the lowest fees and highest rates when opening an account.
The Fed’s unconventional tool for fending off recession is being wound down.
Consumers are bracing for a longer stretch of high inflation. But when can it be expected to slow down?
Age and region are also factors in how much consumers pay in checking fees.
The fourth-largest U.S. bank is the latest to cut or drop overdraft fees.
Sweepstakes winners used their $10,000 prize for practical (and fun) purposes.
Getting into the habit of paying yourself first is hard. Here are some ideas to help you start.
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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