The best CD rates today go up to 5.11% APY. Lock in a high rate now to grow your savings before the next Fed rate drop cuts ...
The Federal Reserve cut interest rates for a third time this year, but officials were divided over their next move. Jerome Powell, the central bank’s chair, said “we haven’t made any decision about ...
The Federal Reserve concluded its last meeting of the year with a widely anticipated 25 basis point cut to the federal funds rate (FFR), bringing it to a range of 3.50-3.75%. Inflation has proven ...
The Federal Reserve will make its final interest rate decision of 2025 on Wednesday, setting up a pivotal year for both the U.S. economy and the central bank as President Trump prepares to install a ...
WASHINGTON ‒ With consumers focused on affordability heading into the holiday season, Federal Reserve Chair Jerome Powell said he hears Americans’ concerns over high costs “loud and clear.” Still, it ...
The current average mortgage rate on a 30-year fixed mortgage is 6.17%, compared to 6.15% a week earlier, according to the ...
The Federal Reserve cut interest rates by 25 basis points at its final meeting of 2025, but the 30-year fixed-rate mortgage ...
Federal Reserve rate decisions are taken by a 12-member rate-setting committee, known as the FOMC or Federal Open Market Committee. That is made up of the Fed chair and six other presidentially ...