The Fed is expected to hold off on another rate cut at its Jan. 29 meeting. Here's what it means for your finances.

The Federal Reserve’s policy committee is in wait-and-see mode. The U.S. economy has entered 2025 with plenty of momentum, a ...

Federal Reserve officials are expected to leave interest rates steady this week, giving themselves more time to lower ...

The Fed is unlikely to cut interest rates again when it meets next week, delaying any relief from high borrowing costs.

A year ago, the best savings rates were over 5% APY. But as inflation showed signs of cooling toward the end of the year, the ...

Could CD interest rates decline again this month? Here's what savers should consider before the January Fed meeting.

Two quarter-point cuts would bring the target federal-funds rate down to a target range of ... would not be shocking to see those projections change again in the next quarter.

The Federal Reserve sets the federal funds target rate, also known as the fed funds rate, which is the interest rate at which commercial banks lend to each other overnight. Below, CNBC Select ...

Banks and credit unions use the federal funds rate as a guide when setting rates on deposit products like CDs. CD rates are variable, meaning they can change at any time. Most banks adjust CD ...

In light of these developments, the Committee decided to lower the target range for the federal funds ... rate is 15.24%, it may drop to 14.24%, for example. Card issuers often implement this ...

How soon do credit card APRs change after a Fed rate decision? Most credit cards come with variable APRs that move right along the federal funds rate. When the Fed increases this benchmark ...