Banking
As Trump eyes Powell’s successor, the Fed moves toward another rate cut
7 min read
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
“Americans who are hoping for lower borrowing costs should reset their outlook to a world of largely stable interest rates. Making financial decisions based on the assumption of imminent change is likely to lead to frustration.”
The Fed didn’t cut interest rates. Here are 5 things to watch next.
The Federal Reserve left interest rates alone at its first meeting of the year, keeping borrowing costs at a multiyear high for Americans as policymakers grow more cautious about making future cuts.
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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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The Federal Reserve’s decisions have ripple effects, including for mortgages.
If you’re looking at HE loans or have a variable-rate line of credit, pay attention to the Fed.
Auto rates will likely not decrease this year. Consider how to still save.
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 held rates steady at its January 2026 meeting.
The Fed’s rate hold means loans costs are sticking. Here’s what it means for your business.
Bankrate analyzed the Fed’s historic rate moves for clues on what might come next.
The best way for investors to deal with the Fed’s interest rate changes? Focus on your long-term investment plan.
The big question: How long will the Fed be on hold?
Bankrate analyzed the Fed’s historic rate moves for clues on what might come next.
Every financial decision you make is impacted by the Federal Reserve.
A complicated U.S. economy. Stubborn inflation and a jobless boom. Unprecedented conflict with the president. Personnel changes, and a new Fed chair. Federal Reserve officials are no stranger to difficult [...]
Rates are falling, and finance pros say it may be time for Americans to rethink some strategies.
Powell is dealing with the most intense division of his eight years as Fed chair.
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.
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.
The Federal Reserve announced that it’s holding interest rates steady following its March 18-19 meeting.
For savers, here’s what to consider when the Fed lowers interest rates.
Rate cuts usually help your budget. This time, the impact may be barely noticeable.
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