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Find the latest news and commentary on the Federal Reserve, meeting notes and board members. Learn more about how the Federal Reserve impacts your money.
Sometimes, the Fed breaks out an “unconventional” tool to keep interest rates low.
The Fed’s actions have a great deal of influence on your money.
Joblessness has surged to catastrophic levels not seen for nearly a century.
It’s not as if the Fed goes out and contacts every U.S. lender.
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The Fed doesn’t directly impact mortgage rates, but borrowers should still pay attention.
Negative rates could result in lower mortgage rates – but it might not be much of a decline.
If you have a home equity loan or variable mortgage, pay attention to the Fed.
Here’s how to respond to lower rates if you’re in the market for a CD or savings account.
For savers, here’s what to consider when the Fed changes interest rates.
The Fed’s recent actions may force savers to start thinking differently about their money.
The financial and economic hardship is far from over.
The Fed will turn to new tactics that include capping yields and expanding its balance sheet.
Forecasts were wide-ranging when it comes to predicting how much damage the pandemic caused.
Some borrowers may want to start paying attention after the Fed’s rate cuts.