News

With the Fed on Pause, Why Is the Top CD Rate Now Higher?
The Fed hasn't adjusted interest rates this year, and isn't expected to make a move for months. Yet today's highest CD rate ...
Investor's Business Daily on MSN2h
Key Fed Inflation Rate Hits 4-Year Low; S&P 500 Slips (Live Coverage)
T he Federal Reserve's primary inflation rate, the core PCE price index, fell in April to its lowest level since March 2021. Yet that may be of little comfort to investors and Fed ...
USA Today6mon
Another Fed rate cut is ahead, but so is ongoing uncertainty after the election
Borrowers barely felt interest rates budge after the Fed's first rate cut back in September, and they're not about to get a big bang for their buck Thursday when the Federal Reserve makes its ...
Wall Street Journal5mon
Federal Reserve Cuts Rates: What It Means for Your Money in 2025
To get a handle on the situation, the Fed began hiking rates aggressively. Higher rates lead to less consumer borrowing and spending, translating into lower demand for goods and services.
Forbes8mon
Fed Rate Cut: Will Prices Ever Go Back To ‘Normal’?
But prices don’t feel normal. The Federal Reserve cut the federal funds rate by 50 basis points in September as inflation has moved closer to its 2% target. This was the first rate cut since the ...
Morningstar8mon
Fed Rate Cut Shows the Main Battle Against Inflation Has Been Won
After two years of high interest rates, Jerome Powell’s Federal Reserve is now pivoting to easing monetary policy. The Fed’s decision Wednesday implies that the main battle against high ...
Reuters8mon
What does a Fed rate cut mean for the economy and consumers?
The Fed, after 5.25 percentage points of increases between March 2022 and July 2023, lowered its key rate to 4.75%-5.00% to address rising worries about the cooling labor market. Sign up here.
The New York Times8mon
Fed Announces Big Rate Cut
Jeanna Smialek transcript Jerome H. Powell, the Fed chair, said that the central bank would take future interest rate cuts “meeting by meeting” after lowering rates by a half percentage point ...
Morningstar4mon
Will the Fed Raise Interest Rates in 2025?
When the Federal Reserve jolted markets in December, it wasn’t with its decision to cut interest rates by a quarter point, but with big changes in its rate forecasts for 2025. Fed officials ...