Banking
The U.S. economy is slowing — and the nation’s top economists don’t expect it to improve much over the next year
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The Federal Reserve and Your Money
Interest rates are a little lower than they used to be, but they’re still near the highest levels in over a decade. Here’s what it means for your wallet.
The latest on the Fed from Bankrate’s experts
“The biggest question now is how the Federal Reserve will respond to mounting concerns about the ongoing government shutdown, its risks to the economy and how it may influence future policy decisions.”
The Fed Cut Interest Rates Again. Here’s How Your Wallet Could Feel It.
The Federal Reserve cut interest rates for the second straight meeting, a sign that officials are more focused on safeguarding the job market and shielding the economy from a recession than reining in rising inflation.
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Recent interest rate trends
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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If you’re looking at HE loans or have a variable-rate line of credit, pay attention to the Fed.
Borrowers often don’t notice small rate cuts, and a weakening economy could dull the relief.
Auto rates will likely not decrease this year. Consider how to still save.
The Federal Reserve’s decisions have ripple effects, including for mortgages.
Does the Fed interest rate affect car loans? Yes, it does: It has a domino effect that can raise or lower auto loan rates.
The Federal Reserve just lowered interest rates for the first time in four years.
Bankrate analyzed the Fed’s historic rate moves for clues on what might come next.
The real question is: What will the Fed’s next moves be?
Experts, however, still don’t see a labor market as tough as it was during the pandemic.
While the worst of inflation may be over, the battle hasn’t yet been won.
A recession hasn’t happened yet, but it’s likely still coming, economists say.
Economists are taking the Fed at its word, penciling in more rate hikes.
A resilient job market makes it hard to tell if it’s the last call to negotiate.
Fed Chair Jerome Powell said interest rates “may not be far off” from their peak.
Lawmakers have less than a month to raise or suspend the debt ceiling.
Here’s what to skip and what to buy — and how to tariff-proof your budget.
It’s a tale of two job markets: secure for job holders, recession-like for job seekers.
Borrowers often don’t notice small rate cuts, and a weakening economy could dull the relief.
Bankrate analyzed the Fed’s historic rate moves for clues on what might come next.
Officials are cutting rates to shore up the job market, but it’s not without risk.
See what the nation’s top economists are forecasting in Bankrate’s Q3 survey.
Before data started to show that the job market was slowing, cracks appeared in people’s lives first.
A record 62% say pay hasn’t kept up with costs, climbing from 55% in 2022.
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