Skip to Main Content

Banking News

The latest in banking news, surveys and statistics from our Bankrate experts.

Money Bag Icon
CD rates
Savings Rate Icon
High yield savings
Rates Icon
Money market rates
Dollar Icon
Checking accounts
Bank With Star Icon
Bank reviews

Recommended reading

Money next to flashing sirens

Bankrate’s 2025 Annual Emergency Savings Report

Banking
Over 1 in 3 people tapped emergency savings in the past year, per a new Bankrate survey.
By Lane Gillespie
12 min read
Woman watering plants.

Current CD rates for May 2025

Banking
Check out the latest CD rates from Bankrate’s weekly survey of banks and thrifts.
By Karen Bennett
4 min read
A graphic of origami of a dollar bill folded to look like a piggy bank with a penny on top.

Savings and money market account rates forecast for 2025: Yields will dip but remain higher than inflation

Banking
Expect savings and money market account yields to slide lower, but they still should outpace inflation
By Matthew Goldberg
3 min read

Exclusive insights from our expert analysts

“It will be another year where the highest-yielding savings accounts, money markets and CDs outpace inflation while the averages — and the offerings at most banks — fall well short.”

– Greg McBride, CFA

CD rates forecast for 2025: Top yields will decline, yet they’ll outpace inflation

The year 2024 came to a close with yields having declined on many certificates of deposit (CDs), spurred by three Federal Reserve rate cuts, although savers were still able to benefit from locking in strong yields. Even if yields on competitive deposit accounts decrease further in 2025, they’re still expected to outpace inflation.
Read more

Experts in all things finance

Our expert reporters and editors bring the news and analysis you need—backed by data and firsthand experience.

About Bankrate
Greg McBride

Greg McBride, CFA Arrow Right Icon

Chief Financial Analyst

Sarah Foster

Sarah Foster Arrow Right Icon

Principal U.S. Economy Reporter

Mark Hamrick

Mark Hamrick Arrow Right Icon

Senior Economic Analyst

Latest articles

couple sitting together on the couch and working on laptop and phone

Digital banking trends in 2025

Digital banking makes it easy to access your personal finances from anywhere.
Apr 29, 2025
A portly white male wearing sunglasses is relaxing on his hammock outside, smiling in the sun holding a debit card in one hand and a smart phone in the other.

J.D. Power study: Customer satisfaction increasing at banks but more so at credit unions

Customer satisfaction is up at banks and credit unions, but fees are still an issue.
Apr 28, 2025
Conceptual image of several $100 bills arranged as wallpaper with a red necktie suggesting Donald Trump.

High-yield savings rates today: April 28, 2025 | APYs are expected to stay elevated

Bankrate recaps the week in savings accounts and analyzes where rates are headed.
Apr 28, 2025
Stylized image of Trump wearing a Maga hat pointing to the left above the Federal Trade building.

Trump wants to fire Fed Chair Jerome Powell. These experts say it could harm the economy and your money.

If the Fed’s independence is jeopardized, here’s what experts say it could mean for your wallet.
Apr 22, 2025
Man using his tablet for online banking

High-yield savings rates today: April 21, 2025 | APYs remain competitively high

Financial markets may drop lower, but APYs on high-yield savings remain high.
Apr 21, 2025
Women using digital tablet to check her finances at home office

Inflation and tariffs have you worried? Here’s a plan to make you more financially secure

Looking for a stable way to pay off your debts with money left to save? Read on.
Apr 19, 2025
young man falling out of the sky along with various household items and cash

Inflation fell last month, but prices remain high — here’s what’s rising most

You might not feel better about inflation because prices are still up post-pandemic.
Apr 18, 2025

Tariffs could cost the average American household $3,800 per year. Here’s how to save for it

Tariffs could cost households $3,800 in 2025. Discover smart budgeting strategies to offset rising prices on consumer goods.
Apr 17, 2025
Woman reaching in to the air for cash

What is inflation? Here’s how rising prices can erode your purchasing power

Prices rise and fall all the time in the U.S. economy. It’s not always inflation.
May 13, 2025
Illustration of safe with money

The CD catch-22: Why locking up your money now could be risky

CD rates may seem attractive, but in 2025’s uncertain environment, they create a lose-lose scenario that could cost you money.
May 13, 2025
Focused young woman entering banking credit card information in computer application, making household payments online, booking flight tickets or hotel, purchasing goods or confirming transaction.

High-yield savings rates today: May 12, 2025 | Earn up to 4.40% APY

APYs on high-yield savings accounts remain competitive after Fed rate decision.
May 12, 2025
Financial manager meeting with couple in bank branch office

National average money market account rates for May 2025

Get the latest rates on top-yielding money market accounts.
May 09, 2025
Woman working from home with a child in the background

The motherhood penalty: Mothers earned 35 percent less than fathers in 2024

A new Bankrate analysis shows mothers earned 31 percent less in wages than fathers in 2023.
May 09, 2025
Image by Getty Images, Illustration by Bankrate

Recession alarm bells are ringing: 5 smart savings strategies to prepare

Recession risks are rising. Learn six smart savings strategies to protect your money before it hits.
May 08, 2025
A hand making an "OK" sign, a bank vault, and a check

Here’s how to use an extra paycheck this month

An extra paycheck in the month can be a game-changer for your finances.
May 08, 2025
Woman watering plants.

Current CD rates for May 2025

Check out the latest CD rates from Bankrate’s weekly survey of banks and thrifts.
May 08, 2025
Woman reaching in to the air for cash

What is inflation? Here’s how rising prices can erode your purchasing power

Prices rise and fall all the time in the U.S. economy. It’s not always inflation.
May 13, 2025
Man using credit card while online

Why are credit card APRs still so high?

Credit card interest rates have a high mark up over the prime rate. Why are card APRs so high?
May 08, 2025

How does the Federal Reserve affect mortgages?

The Federal Reserve’s decisions have ripple effects, including for mortgages.
May 07, 2025
Design element including image of Jerome Powell

Powell warns of higher inflation, unemployment as Fed keeps rates steady

Bankrate’s experts are reacting live to the Fed’s latest interest rate decision.
May 07, 2025
US-ECONOMY-FEDERAL RESERVE-RATE-POWELL

How the Federal Reserve affects business loans

The Fed’s rate hold means loans costs are sticking. Here’s what it means for your business.
May 07, 2025
Calm focused female freelancer in casual clothes revising reports while sitting on soft couch at table and using computer in light contemporary apartment

Subprime cardholders still feeling the sting despite Fed holding rates steady

Subprime borrowers are particularly affected by interest rate changes. Here’s how to prepare.
May 07, 2025
Banking_How-the-Fed-Rate-Affects-Housing_

What the Fed’s continued rate pause means for homebuyers and sellers

The Fed has hit the pause button on rates. How will it affect the housing market?
May 07, 2025

How the Federal Reserve affects HELOCs and home equity loans

If you’re looking at HE Loans or have a variable-rate line of credit, pay attention to the Fed.
May 07, 2025
The trusted provider of accurate rates and financial information
Wall Street Journal
Usa Today
New York Times
Cnn
Bloomberg
Abc