President Donald Trump is badgering the Federal Reserve to cut interest rates, but even if the Fed gave in to the pressure, ...

CD rates are a product of their economic times, and we're currently in a rosy period. At other times in history, CD rates ...

Amidst the backdrop of a fluctuating U.S. economy and inflation rates hovering above the 2% target, President Trump's economic agenda is facing a challenge as Federal Reserve Chair Jerome Powell holds ...

President Donald Trump’s on-again, off-again tariffs have been roiling markets and raising recession fears. But Federal Reserve Chair Jerome Powell on Wednesday stuck to his slow and steady ...

In a move that many Americans have been anticipating over the last couple months, on Wednesday the Federal Reserve raised interest rates for the first time since December 2018. The Fed ...

Washington, DC, May 4, 2023-"Federal Reserve officials signaled they might be done raising interest rates for ... inflation to continue raising rates. The Fed’s next meeting is June 13-14.

Washington, D.C., July 27, 2023--Yesterday, Fed Chair Jerome Powell announced another quarter-point hike to try to temper inflation, bringing interest rates into the 5.25%–5.50% range for the ...

With the Fed refraining from cutting in its January and March 2025 meetings, that’s where rates stand today. Even with recent cuts, interest rates are still high relative to recent history.

Will CD rates go up when the Fed raises interest rates? Yes, like other deposit accounts, CD rates tend to rise whenever the federal funds rate increases. Banks and credit unions use the federal ...

Trump calls for a decrease in interest rates as the Fed looks at what might need to happen to combat inflation. The next Fed meeting to discuss interest rates isn't until May. Trump looks forward ...