While still elevated compared to recent history, the best savings account yields dropped as a result. The Fed began 2025, though, by keeping interest rates unchanged, and is only expect to pare ...
The Federal Reserve raised interest rates at the fastest pace in 40 years during 2022 and 2023 in an effort to rein in ...
Outside of bigger economic meltdowns, policymakers have also tended to cut interest rates gradually, Bankrate’s analysis shows. To help consumers understand the historical significance of the ...
Between tech busts, a financial crisis and a pandemic, not to mention periods of too little inflation and too much, the nation’s central bank has used short-term interest rates, along with other ...
A chart comparing today's post-COVID-19 inflationary wave to the great inflation of the 1970s is making the rounds again ...
CD rates move in tandem with the federal funds rate, the benchmark interest rate set by the Federal Reserve. Yields on CDs rose above 10% in the early 1980s when the Fed set interest rates well ...