Banking News
The latest in banking news, surveys and statistics from our Bankrate experts.
Recommended reading
![Money next to flashing sirens](https://www.bankrate.com/2023/02/15173759/Banking-Emergency-Savings-Survey.jpg?auto=webp&optimize=high&crop=16:9&width=320)
![Woman watering plants.](https://www.bankrate.com/2024/03/20194528/Current_CD_rates.jpg?auto=webp&optimize=high&crop=16:9&width=320)
![Savings account and money market rate forecast](https://www.bankrate.com/2024/01/01230300/Central-savings-money-market-account-rate-forecast.jpg?auto=webp&optimize=high&crop=16:9&width=320)
Exclusive insights from our expert analysts
![](https://www.brimg.net/images/author-photos/greg-mcbride.png?auto=webp&quality=85&width=96&height=96&fit=cover&enable=upscale&crop=1:1,smart)
“The sooner you lock in [with a CD rate], the better, because yields have peaked, but inflation is going to continue to decline throughout 2024.”
CD rates forecast for 2024: Expect banner year for savers with strong yields, lower inflation rate
Federal reserve
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.
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.
Fed's interest rate decision
The biggest winners and losers from the Fed's interest rate decision.
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 Bankrate![Greg McBride](https://www.bankrate.com/f/102997/284x296/e82ff353b1/br-expert-greg.png?auto=webp&optimize=high)
Chief Financial Analyst
![Sarah Foster](https://www.bankrate.com/f/102997/284x296/7fb8678166/br-expert-sarah.png?auto=webp&optimize=high)
Principal U.S. Economy Reporter
![Mark Hamrick](https://www.bankrate.com/f/102997/284x296/4056ed19a3/br-expert-mark.png?auto=webp&optimize=high)
Senior Economic Analyst
Latest articles
![white-collar woman looks tired in the office](https://www.bankrate.com/brp/2024/08/30170114/Are-we-in-a-recession.jpg?auto=webp&optimize=high&crop=1:1&width=356)
![woman managing personal banking and finance at home](https://www.bankrate.com/brp/2024/08/29165101/How-to-change-up-your-savings-strategy-as-a-freelancer.jpg?auto=webp&optimize=high&crop=1:1&width=356)
![Man at ATM](https://www.bankrate.com/2019/10/07111446/Ways-banks-may-penalize-you-how-to-avoid-those-pesky-fees.jpg?auto=webp&optimize=high&crop=1:1&width=356)
![Door open showing more open doors inside](https://www.bankrate.com/brp/2024/08/21122150/Banking_Labor_day_worker_employment_intentions_survey.jpg?auto=webp&optimize=high&crop=1:1&width=356)
![Young Asian professional woman shaking hands](https://www.bankrate.com/2023/05/25141235/Untitled-33.jpeg?auto=webp&optimize=high&crop=1:1&width=356)
![Woman standing in front of an ATM](https://www.bankrate.com/brp/2024/08/21093308/Deposits-Annual-Checking-Account-and-ATM-Fee.jpg?auto=webp&optimize=high&crop=1:1&width=356)
![Hand touching buttons on a ATM keypad](https://www.bankrate.com/2022/08/29134643/Banking-Checking-Account-Survey.jpg?auto=webp&optimize=high&crop=1:1&width=356)
![young man falling out of the sky along with various household items and cash](https://www.bankrate.com/2024/04/25184426/Inflation-update-Whats-rising-and-whats-falling.jpg?auto=webp&optimize=high&crop=1:1&width=356)
![Federal Reserve Chairman Jerome Powell](https://www.bankrate.com/2020/07/27151224/fed-decision-july-2020.jpeg?auto=webp&optimize=high&crop=1:1&width=356)
![Senate Majority Leader Mitch McConnell puts on a mask](https://www.bankrate.com/2020/07/28135956/HEALS-act-proposal.jpeg?auto=webp&optimize=high&crop=1:1&width=356)
![Fed chair Jerome Powell in blue](https://www.bankrate.com/2020/07/23142147/5-Things-to-watch-at-the-Fed-July-meeting.jpg?auto=webp&optimize=high&crop=1:1&width=356)
![Judy Shelton](https://www.bankrate.com/2020/07/21143128/judy-shelton.jpeg?auto=webp&optimize=high&crop=1:1&width=356)
![](https://www.bankrate.com/2020/07/16150457/GettyImages-145868159.jpg?auto=webp&optimize=high&crop=1:1&width=356)
![Eagle statue on the Fed's Eccles building](https://www.bankrate.com/2020/07/10122017/what-is-fed-beige-book.png?auto=webp&optimize=high&crop=1:1&width=356)
![Photo illustration of workers in an office](https://www.bankrate.com/2020/07/08161619/Nearly-half-of-US-households-have-had-their-incomes-cut-during-coronavirus-pandemic.jpg?auto=webp&optimize=high&crop=1:1&width=356)
![Freshly printed $20 bills are inspected at the Bureau of Engraving and Printing](https://www.bankrate.com/2020/07/02155409/negative-interest-rates-explained.png?auto=webp&optimize=high&crop=1:1&width=356)
![Couple sitting on a sofa, looking at a laptop](https://www.bankrate.com/brp/2024/08/21132012/should-you-refi-now-or-wait.jpg?auto=webp&optimize=high&crop=1:1&width=356)
![Woman reaching in to the air for cash](https://www.bankrate.com/2023/06/25180055/Inflation-explainer-What-is-inflation_.jpg?auto=webp&optimize=high&crop=1:1&width=356)
![Outside of the Federal Reserve building](https://www.bankrate.com/2022/07/27143727/fed-rates-and-personal-loans.jpg?auto=webp&optimize=high&crop=1:1&width=356)
![Traders work on the floor of the New York Stock Exchange](https://www.bankrate.com/2022/06/27112755/what-is-a-recession.png?auto=webp&optimize=high&crop=1:1&width=356)
![Federal Reserve Chair Powell at a podium](https://www.bankrate.com/brp/2024/06/02154855/When-will-the-Fed-cut-rates.jpg?auto=webp&optimize=high&crop=1:1&width=356)
![](https://www.bankrate.com/2023/06/14140557/Mortgages_How_the_Federal_Reserve_ARMs_HELOCs.jpg?auto=webp&optimize=high&crop=1:1&width=356)
![](https://www.bankrate.com/2023/05/14143416/Homes-How-the-Federal-Reserve-affects-mortgage-rates.jpg?auto=webp&optimize=high&crop=1:1&width=356)
![Calm focused female freelancer in casual clothes revising reports while sitting on soft couch at table and using computer in light contemporary apartment](https://www.bankrate.com/2022/07/26111202/Subprime-credit-card-holders-hit-hardest-rising-interest.jpg?auto=webp&optimize=high&crop=1:1&width=356)