Personal Finance Advice and Commentary

Tuesday, August 09, 2011 4:14 pm
By Marcie Geffner · Bankrate.com

Banking customers hoping for higher interest rates on savings accounts and deposit certificates got another bonk on the head Tuesday from the Federal Reserve, which said it plans to keep a key interest rate at the current level for another two years. The Federal Open Market Committee decided to keep its target range for the

Wednesday, June 22, 2011 9:24 am
By Marcie Geffner · Bankrate.com

Consumers who want to earn more interest on their bank savings and checking accounts might have a long wait, judging by Federal Reserve Chairman Ben Bernanke’s remarks earlier this month at a conference in Atlanta. Bernanke acknowledged the moderate pace of the U.S. economic recovery, rise in inflation, slowed momentum in the labor market and