Banking
Inflation rose less than expected last month, but prices remain high — here’s what might feel most expensive
10 min read
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 Fed has been sitting back, evaluating economic data amidst all the uncertainty. The old saying that you skate to where the puck is going to be — if you don't know where the puck is going to be, you can't skate to it.”
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.
Our expert reporters and editors bring the news and analysis you need—backed by data and firsthand experience.
About BankrateChief Financial Analyst
Principal U.S. Economy Reporter
Senior Economic Analyst