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The Federal Reserve and Your Money

Borrowing costs are at a 23-year high thanks to the Federal Reserve's rapid rate hikes. Get advice and stay informed on what to do with your wallet.

The latest interest rates

Every time the Federal Reserve adjusts interest rates, borrowing and savings rates move in lockstep. Compare Bankrate data to see how the latest Fed decision is impacting rates on key consumer products.

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Greg McBride, CFA Arrow Right Chief financial analyst, Personal Finance
Mark Hamrick Arrow Right Washington Bureau Chief, Senior Economic Analyst
Sarah Foster Arrow Right Principal U.S. Economy and Federal Reserve Reporter

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