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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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Federal reserve
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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
Unbanked households are at record low. Here are the perks of having a bank account.
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.
Learn how deinfluencers help you save money by promoting mindful spending habits.
Here’s how to determine what a good interest rate is on your deposit accounts.
Banks are working to keep customers safe through AI apps and human interaction.
Slow shopping has been growing in popularity despite potential drawbacks.
The key benchmark has been as high as 20 percent — and as low as 0 percent.
The average household earned $101,805 in 2023 before taxes and spent $77,280.
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.
Today’s mortgage rates already reflect the likelihood of a September Federal Reserve rate cut.
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.
The Federal Reserve is poised to cut rates in September. Will it be enough to entice homebuyers?
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