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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
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.
Surveyed economists predict lower recession odds — but higher inflation — for 2025.
You can find a CD account that significantly out-earns the national average if you shop around among banks.
Expect savings and money market account yields to slide lower, but they still should outpace inflation
Even as interest rates drop, some top-yielding savings accounts remain competitive.
The Internal Revenue Service is automatically sending $1,400 stimulus payments to about one million Americans who never claimed their COVID-19 relief checks from 2021, according to a recent announcement. [...]
Use this challenge to stash more cash toward your savings goals.
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.
Check out the latest CD rates from Bankrate’s weekly survey of banks and thrifts.
Rate cuts are coming. Just don’t call this a low-rate environment just yet.
The Fed looks poised to leave rates alone in July but signal cuts are coming soon.
Wages are on pace to fully recover from inflation by the second quarter of 2025.
Today’s mortgage rates already reflect the likelihood of a September Federal Reserve rate cut.
With a Fed rate cut finally on the horizon, here’s what homebuyers should know.
Can a Fed rate cut stop the housing market roller coaster?
How Reg. D impacts your savings account and why it pays to check with your bank.
Mortgage rates have fallen, but the imminent Fed cut could make them even more favorable for refinancers.
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