Inflation hit 7-month high of 3% in January. Here's what it means for Fed rate cuts
Inflation picked up for a fourth straight month in January amid another rise in in food and energy costs, possibly setting ...
Powell says Trump's comments won't affect interest rate decisions by the Fed
Federal Reserve Chair Jerome Powell said Wednesday President Donald Trump’s calls for lower interest rates won’t lead the central bank to change its rate decisions ...
January inflation ticks up to 3% annually as cost of groceries, gas, used cars rise
The latest Consumer Price Index report shows inflation ticked up to 3% in January from a year ago, a slight rise from the previous month.
Fed faces thorny decisions as it weighs when to lower interest rates amid Trump's tariffs
The Fed faces complex decisions as it decides how quickly to cut rates or whether to raise them amid Trump's tariffs and ...
Will mortgage interest rates fall in February without a Fed meeting? Experts weigh in
If you look at the biggest industry forecasts, analysts predict that mortgage rates will either hold steady or drop slightly ...
2024 new home sales hit their highest pace in three years. Does that mean lower home prices are around the corner?
Data from the U.S. Census Bureau shows that 2024 new home sales hit their highest level since 2020. Here’s what the data ...
Here's What Happens if You Deposit More Than $10,000 in Cash Into Your Bank Account
Cash deposits of over $10,000 must be reported to the federal government. You shouldn't have any problems, though -- just ...
A new bill would cap credit card interest rates at 10%. Here's what that could mean for your money
A bill to limit the interest rate on credit cards has been introduced in Congress. The banking industry says capping rates ...
USA Today13d
The economy grew 2.3% in the fourth quarter. What it could mean for Fed rate cuts
A healthy economy could keep the Federal Reserve's interest rate cutting campaign on pause for longer. Wednesday, the Federal ...
CNET13d
The Fed Didn't Budge on Interest Rates. Here's Why That's a Big Deal
The Federal Reserve paused interest rate cuts at today's meeting ... primer on interest rates and what today's Fed decision could mean for your money. The Fed meets eight times a year to assess ...
CNET13d
The Fed Paused Rates. Here's What That Means for CD and Savings Account APYs
The Federal Reserve paused rates at its January meeting. Today's best savings accounts and CDs offer up APYs as high as 5%. Rate cuts are expected later this year, so now's the time to maximize ...
Yahoo Finance14d
How the Federal Reserve impacts personal loans
The federal funds rate impacts how expensive ... The vast majority of personal loans are fixed-rate loans, meaning the interest rate remains unchanged from origination to when it’s paid off.