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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
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These certificates of deposit (CDs) have no minimum deposit.
Get the latest rates on top-yielding money market accounts.
Check out the latest CD rates from Bankrate’s weekly survey of banks and thrifts.
Deinfluencing is all the rage. Why not influence your finances, too?
Not paying fees and an easy way to bank should all be priorities. Here are some of our favorites.
Behind the slowing economy is a Fed determined to defeat red-hot inflation.
Here’s how to save money on groceries, utilities and other everyday purchases.
And if so, how low can they go?
How might a recession affect the housing market?
Prices rise and fall all the time in the U.S. economy. It’s not always inflation.
The Federal Reserve just lowered interest rates for the first time in four years.
A look at what a bank bailout is with some examples of notable bank bailouts from the past.
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.
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