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The latest in banking news, surveys and statistics from our Bankrate experts.
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If you’re struggling to pay off debt and build savings, you’re not alone.
Check out the latest CD rates from Bankrate’s weekly survey of banks and thrifts.
Expect savings and money market account yields to slide lower, but they still should outpace inflation
Exclusive insights from our expert analysts
CD rates forecast for 2024: Expect banner year for savers with strong yields, lower inflation rate
The year 2023 came to a close with yields that had peaked on certificates of deposit (CDs) and other deposit accounts. Although Federal Reserve rate cuts are possible in 2024, it should remain a strong year for savers as annual percentage yields (APYs) stay high overall and inflation hopefully cools further.
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What is inflation?
Here’s a breakdown of what inflation is and isn’t, as well as why it matters so much for your wallet.
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Signs of a recession
The U.S. economy looks like it's still on stable footing, but high inflation and rising interest rates could challenge that down the road.
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Fed's interest rate decision
The biggest winners and losers from the Fed's interest rate decision.
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FOMC: what to expect
Fed meeting preview: As unemployment rises and inflation slows, should officials cut interest rates now?
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Latest articles
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The best time to cash in savings bonds depends on an investor’s life circumstances.
Unbanked households are at record low. Here are the perks of having a bank account.
Get the latest rates on top-yielding money market accounts.
Check out the latest CD rates from Bankrate’s weekly survey of banks and thrifts.
Comparing savings rates can ensure you get the best return on your savings.
Here’s what you need to know about upcoming changes to Health Savings Accounts.
That’s even as the latest data shows that wages are rising faster than prices.
Finding the account number on a check is easy — if you know where to look.
It just might be. But don’t forget the fundamentals of how home equity loans work.
The Federal Reserve’s decisions have ripple effects, including for mortgages.
If you’re looking at HE loans or have a variable-rate line of credit, pay attention to the Fed.
The key benchmark has been as high as 20 percent — and as low as 0 percent.
The Fed’s latest cut means cheaper business loans. Here’s what it means for you.
The Federal Reserve cut interest rates for the second consecutive meeting but this time by a smaller quarter of a percentage point.
Does the Fed interest rate affect car loans? Yes, it does: It has a domino effect that can raise or lower auto loan rates.
Subprime borrowers are particularly affected by interest rate changes. Here’s how to prepare.
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