Banking News
The latest in banking news, surveys and statistics from our Bankrate experts.
Recommended reading
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.
Read more
Federal reserve
LEARN MORE
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.
READ ARTICLE
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.
EXPLORE
Fed's interest rate decision
The biggest winners and losers from the Fed's interest rate decision.
READ ARTICLE
FOMC: what to expect
Fed meeting preview: As unemployment rises and inflation slows, should officials cut interest rates now?
Experts in all things finance
Our expert reporters and editors bring the news and analysis you need—backed by data and firsthand experience.
About BankrateChief Financial Analyst
Principal U.S. Economy Reporter
Senior Economic Analyst
Latest articles
It isn’t always about two consecutive quarters of negative GDP growth.
As the job market weakens, some economists say the Fed should’ve cut rates already.
Economists and investors still expect the Fed to start cutting interest rates in September.
These policymakers will influence the crucial debate of when to cut interest rates.
A spending diet can help you pursue your financial goals and save cash. Here’s how.
I’ve often referred to 2024 as the year of the certificate of deposit (CD). In tracking CD rates on a daily basis, I’ve seen how yields remain at an overall high, thanks to the Federal Reserve raising [...]
A mid-year checkup is the most effective way to ensure my finances are on track.
Here’s how to find the nearest ATM in MoneyPass’s fee-free ATM network.
Prices rise and fall all the time in the U.S. economy. It’s not always inflation.
A CFPB lawsuit claims Capital One underpaid savings account interest by $2 billion.
If your New Year’s goal is to practice self-care, use these tips to stay on budget.
Here’s how you can start paying off that holiday debt and building up your savings.
These simple moves can help you build a cash cushion.
Bankrate offers 18 ideas for stretching your budget to save money.
Comparing savings rates can ensure you get the best return on your savings.
Get the latest rates on top-yielding money market accounts.
Prices rise and fall all the time in the U.S. economy. It’s not always inflation.
You can find a CD account that significantly out-earns the national average if you shop around among banks.
If you have credit card debt, your interest rates are likely to remain high in 2025.
It just might be. But don’t forget the fundamentals of how home equity loans work.
If you’re looking at HE loans or have a variable-rate line of credit, pay attention to the Fed.
The Federal Reserve’s decisions have ripple effects, including for mortgages.
This Fed communication tool is important, but be cautious when interpreting it.
The Fed’s latest cut means cheaper business loans. Here’s what it means for you.
The trusted provider of accurate rates and financial information