Minutes from the Federal Reserve’s January meeting will be closely watched for any comments on the likely impact of President Trump’s plans for widespread trade tariffs.
Friday's bigger-than-expected drop in retail sales for January has prompted traders to nudge up their expectations for 2025 rate cuts by the Federal Reserve to as many as two. After the retail-sales ...
All other information is current as of Feb. 1, 2025. The Fed lowered its benchmark rate multiple times in the second half of 2024. Saving in a high-yield account means you can still earn some of ...
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Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.