The Federal Reserve and Your Money
The U.S. central bank has lifted interest rates to a 22-year high, impacting how much you pay to borrow money and how much you earn when you save. Get advice and stay informed on what to do with your wallet.
The Fed's impact on your wallet
The latest interest rates
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
As economy slow, mortgage rates retreat
HELOC rates
This week's HELOC news and analysis
Credit card rates
Current credit card interest rates
Auto loan rates
Current car loan interest rates
Savings rates
What is the average interest rate for savings accounts?
Essential reading
Follow us for the latest financial news:
Greg McBride, CFA
Chief financial analyst, Personal Finance
Mark Hamrick
Washington Bureau Chief, Senior Economic Analyst
Sarah Foster
Principal U.S. Economy and Federal Reserve Reporter
Latest Articles
Related Topics
Helpful Links
- How to save money
- How to build an emergency fund
- Savings tips for different goals
- How to get the best mortgage rate
- How to get the best refi rate
- How often to compare mortgage rates
- Best low-risk investments
- How to pay off debt
- How much does it cost to buy a home?
- What's next for the housing market?
- How to make your paycheck last
- What debt should you pay off first?
- How to pay off credit card debt
- How to boost your credit score
- Tips for scoring a lower credit card rate
- Fed's interest rate history
- Inflation’s impact on auto rates
- When will car interest rates start dropping?
- Are interest rates going up on personal loans?
- Historical CD interest rates
The trusted provider of accurate rates and financial information