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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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.
Fed Chairman Jerome Powell said the U.S. central bank is in no rush to adjust rates.
You just sent money to a stranger. So, how do you get it back?
The U.S. economy expanded at a slower pace in the fourth quarter of 2018, but came in well ahead of estimates.
Powell faced criticism from Democratic congressmen for his positive evaluation of the job market despite a period of slow pay gains.
Federal Reserve Chairman Jerome Powell delivered a positive assessment of the U.S. economy that nonetheless faces some risks.
Experts are betting that a recession will occur by the end of 2021, a new survey suggests.
Will the Federal Reserve raise borrowing costs two times in 2019, as it initially anticipated? That’s a question even the officials on the inside can’t answer.
It could save you time when switching accounts and even inspire you to build a bank of your own.
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.
The Fed has cut rates by half a percentage point — how will that affect the housing market?
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