The Federal Reserve and your money
The U.S. central bank is hiking rates at the fastest pace in decades, impacting how much you pay to borrow 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
How the Fed affects savings rates
For savers, here’s what to consider when the Fed raises interest rates.
The Fed and credit card rates
The Fed continues its fight against inflation and is expected to take rates higher in September.
How Fed rates impact student loans
Some borrowers may want to pay attention to the Fed’s rate adjustments.
Essential reading
What is the Federal Reserve’s balance sheet?
6 min read
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Latest Articles
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Survey: Experts see massive hiring slowdown and surging unemployment a year from now
How long will the job market hold up amid the Fed’s rapid rate hikes?
4 min read Oct 05, 2022
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Survey: Fed’s inflation fight will take interest rates to highest since 2007
Economists see the Fed’s tightening cycle peaking at 4.5-4.75 percent.
4 min read Oct 05, 2022
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Survey: 43% of economists say inflation hasn’t yet peaked
That’s even despite the Fed’s fastest rate hikes since the 1980s.
4 min read Oct 05, 2022
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Survey: Odds of a U.S. recession by mid-2024 now hit 65%
Storm clouds are gathering above the economy amid high inflation and interest rates.
5 min read Oct 05, 2022
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Calendar: What’s driving mortgage rates the week of Oct. 3-7, 2022
Mortgage market players will closely watch Friday’s jobs report for signs that the economy is cooling.
1 min read Oct 03, 2022
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Mortgage rate forecast for October 2022: More strange times
October could bring more weirdness to mortgage rates and an uncertain, if not scary, period for borrowers.
4 min read Oct 01, 2022
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How much will the Fed raise interest rates in 2022? Here’s what experts are saying
The ultimate risk is doing more harm than good to the U.S. economy.
6 min read Sep 30, 2022
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How the 9-21 Fed meeting impacts personal loans
The Federal Reserve raised interest rates on September 21, 2022. These interest rate changes are likely to affect the rates of personal loans.
4 min read Sep 28, 2022
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Americans have recession fatigue — and it’s keeping them from preparing for the next downturn
Feeling deprived during lockdowns, Americans aren’t ready to fall back on progress.
10 min read Sep 26, 2022
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How to break the credit card debt cycle
Credit card debt is easy to get into and hard to get out of, but these strategies will help.
4 min read Sep 23, 2022