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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
“Following today’s rate cut, the extent of further easing in 2026 remains unclear.”
A Deeply Divided Fed Cuts Interest Rates Again — But What Comes Next?
The Federal Reserve lowered interest rates again at its final meeting of the year, signaling that Chair Jerome Powell was able to bring enough policymakers over to his side to support a rate cut at a time when both inflation and unemployment are rising. But policymakers see only one rate cut next year, and the committee is still worried about 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.
Mortgage rates
This week's mortgage news
Savings rates
What is the average interest rate for savings accounts?
Auto loan rates
Current car loan interest rates
HELOC rates
This week's HELOC news and analysis
Credit card rates
Current credit card interest rates
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If you’re looking at HE loans or have a variable-rate line of credit, pay attention to the Fed.
The Fed’s rate hold means loans costs are sticking. Here’s what it means for your business.
Rates are falling, and finance pros say it may be time for Americans to rethink some strategies.
Bankrate analyzed the Fed’s historic rate moves for clues on what might come next.
Powell is dealing with the most intense division of his eight years as Fed chair.
Every financial decision you make is impacted by the Federal Reserve.
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.
Rates could soon be within range of their pre-pandemic peaks. There’s a catch.
Rates are falling, and finance pros say it may be time for Americans to rethink some strategies.
Bankrate analyzed the Fed’s historic rate moves for clues on what might come next.
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.
The trusted provider of accurate rates and financial information