Essential Reading
Unemployment vs. underemployment
Some economists speculate that the pandemic could exacerbate the forces that lead to underemployment.
Fed's board of governors, explained
Everything you need to know about some of the most powerful central bankers in the world.
How the Fed’s rate moves impact you
The Fed’s actions have a great deal of influence on your money.
Breaking Federal Reserve News
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Latest Articles
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Fed raises interest rates .50 percent
Federal Reserve Board policy-makers raised interest rates for the fifth time since last June on March 21. The move is designed to slow the economy enough that inflation doesn’t get out of control.
2 min read May 16, 2000
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Fed likely to raise rates .50% for the first time in 5 years
The Federal Reserve Board meeting on May 16 could bring about the first 50-basis point rate hike in years. Here are some of the reasons why — and what consumers have to say about it.
4 min read May 12, 2000
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The Fed taps the brakes again with .25 percent rate hike
Federal Reserve Board policy-makers raised interest rates for the fifth time since last June on March 21. The move is designed to slow the economy enough that inflation doesn’t get out of control.
1 min read Mar 21, 2000
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What this latest hike means for you
Federal Reserve Board policy-makers raised interest rates for the fifth time since last June on March 21. The move is designed to slow the economy enough that inflation doesn’t get out of control.
4 min read Mar 21, 2000
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Have the rate hikes worked? Not yet, say observers
The Federal Reserve Board decided on Feb. 2 that even higher rates were needed to slow the economy. It raised both the federal funds rate and federal discount rate by 25 basis points.
3 min read Feb 02, 2000
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What the rate hike means to you
The Federal Reserve Board has raised rates again. But what exactly does that mean and how will the changes affect you? Bankrate.com helps you sort it out.
4 min read Feb 02, 2000
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Once-secret credit scores going public
The wall of secrecy is falling from credit scores, the three-digit numbers that determine how much consumers will pay for loans.
5 min read Jan 17, 2000
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Fed likely to let rates ride through the new year
The Federal Reserve Board is not expected to make a move on interest rates at their meeting next week.
1 min read Jan 01, 1986
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Federal Reserve hikes fed funds and discount rates a quarter point
The Federal Reserve’s Open Market Committee hiked the fed funds and discount rates by a quarter point.
5 min read Jan 01, 1986
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Fed leaves rates unchanged; keeps its neutral ‘bias’
The Federal Reserve Board keeps rates stable.
1 min read Jan 01, 1986