Federal Reserve holds interest rates steady: What that means for you

The Federal Reserve will keep rates where they are, for now — here's what that means for your credit card, mortgage rate, auto loan and savings account.

Why the Federal Reserve is split on the future of interest rates

Finance & economics · September 28th 2024 ; Governments are bigger than ever. They are also more useless ; China’s central bank tries to save the economy—and the stockmarket ; How lower American interest rates will boost Africa ; Can Israel’s economy survive an all-out war with Hizbullah?

What Is the Average Savings Account Interest Rate for November 2024?

Learn how to find the average savings account interest rate, how that differs from the highest rates and what factors impact your balance earnings.

FHA Interest Rates: Get Today's Rates and See the Best FHA Lenders

Explore current FHA interest rates, learn about FHA loans and who they're good for, and see our list of the best mortgage lenders for FHA loans.

Fed Rate Cut: The Best Investments When Interest Rates Go Down

Companies in some sectors, like utilities and real estate, might see their stock prices head higher after a rate cut. ; Some assets, like cash in high-yield savings accounts and CDs, might see lower yields with lower interest rates. ; Rather than trying to time the market based on rate cuts, building a diverse portfolio might help you better reach your long-term investment goals.

The Fed rate cut: What it means for bank accounts, CDs, loans, and credit cards

This is the economic U-turn we've been waiting for. The Federal Reserve announced a massive half-point cut in short-term interest rates on Wednesday. ; It's been a long time coming. ; After inflation peaked at 9.1% in June 2022, the Fed worked to tame consumer prices with 11 interest rate hikes over the ensuing months. Then, rates remained unchanged beginning in August 2023. ; With inflation at 2.5% in August — tantalizingly close to the 2% target — Fed officials felt the time was finally right to steer interest rates lower.

Lower interest rates could affect savings, investments and debts

Lower interest rates are coming, the Federal Reserve announced on Wednesday. What does that mean for the kitchen-table investor?

Auto loan interest rates by credit score | CNN Underscored Money

The Federal Reserve’s Sept. 18 rate cut dominated headlines, but will it result in lower auto loan rates? While mortgage and credit card interest rates are sure to respond quickly, auto...

Why are interest rates high and how quickly might they fall? | Bank of England

Why are interest rates high and how quickly might they fall? ; What links the cost of living and inflation? ; How do higher interest rates bring inflation down?

Fed hikes interest rates 0.25 percentage point but signals pause in inflation fi

high interest rates: Best current CD rates How the rate hike... The central bank stopped short of stating that rates are... high rates bite What is the Fed interest rate now? Wednesday’s...