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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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Senior Economic Analyst
Latest articles
Economists see a slower job market in the year ahead but recession odds remain low.
Find out which CD term is best for your financial goals in a lower rate environment.
Here are some smart ways to protect yourself if your digital bank account stops working.
There’s still time to lock in a high-yielding CD as the Fed cuts rates.
Fed officials are trying to prevent an economic slowdown from getting worse.
Tune in to Bankrate’s live coverage of the Fed’s first rate cut since 2020.
For savers, here’s what to consider when the Fed raises interest rates.
The key benchmark has been as high as 20 percent — and as low as 0 percent.
Economists see a slower job market in the year ahead but recession odds remain low.
Many of these options are flexible to your schedule.
A bank reconciliation statement helps you track business finances and catch errors.
Walk away with stacks of cash just for opening a checking or savings account.
Looking for a place to park your savings? Here’s why a MMA might be appealing.
Short answer? Yes. Here’s what you need to know.
Getting into the habit of paying yourself first is hard. Here are some ideas to help you start.
Budgeting is key to understanding where your household’s money is going.
Today’s mortgage rates already reflect the likelihood of a September Federal Reserve rate cut.
Prices rise and fall all the time in the U.S. economy. It’s not always inflation.
With a Fed rate cut finally on the horizon, here’s what homebuyers should know.
Can a Fed rate cut stop the housing market roller coaster?
How Reg. D impacts your savings account and why it pays to check with your bank.
Mortgage rates have fallen, but the imminent Fed cut could make them even more favorable for refinancers.
It isn’t always about two consecutive quarters of negative GDP growth.
As the job market weakens, some economists say the Fed should’ve cut rates already.
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