Banking
The U.S. economy is slowing — and the nation’s top economists don’t expect it to improve much over the next year
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
“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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Latest articles
Here’s who stands to benefit the most from plunging interest rates.
The fed funds rate could quickly approach zero this year, experts said.
Predictions range from cautiously optimistic to outright warnings.
That’s led the majority of economists to say risks are tilted toward the downside.
It’s the first emergency move since October 2008, during the Great Recession.
With markets swooning, all eyes are now turning to the Fed.
The chief executive’s claims weren’t wholly correct — even if they ended up being right.
What will get the Fed off the sidelines?
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.
Every financial decision you make is impacted by the Federal Reserve.
Officials are cutting rates to shore up the job market, but it’s not without risk.
Prices rise and fall all the time in the U.S. economy. It’s not always inflation.
Rate cuts usually help your budget. This time, the impact may be barely noticeable.
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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