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The latest in banking news, surveys and statistics from our Bankrate experts.
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A majority (81%) of Americans did not increase their emergency savings this year
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
“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.”
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.
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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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Fed officials indicate that interest rates will remain steady at its next meeting.
Bank consolidation often leads to lower deposit rates. Here’s what the current merger boom means for your savings and how to respond.
Top APYs on high-yield savings are above 4%, despite a recent U.S. credit downgrade.
Top high-yielding savings accounts continue to handily outpace inflation.
Powell is concerned tariffs could lead to more inflation. This former Fed official has a different view.
APYs on high-yield savings accounts remain competitive after Fed rate decision.
A new Bankrate analysis shows mothers earned 31 percent less in wages than fathers in 2023.
JPMorgan raises recession probability to 50%. Learn five practical steps to protect your savings before economic conditions worsen.
Managing your finances and choosing the right bank can be daunting, especially in a state as big and diverse as Florida.
Powell is dealing with the most intense division of his eight years as Fed chair.
Every financial decision you make is impacted by the Federal Reserve.
How much money you keep at home depends on your personal situation, including your need for cash in everyday life as well as in an emergency situation. Elliot Pepper, CPA, CFP, MST, financial planner and [...]
These credit unions offer great rates and top-notch features — and many make it easy to join.
Knowing your limit before making a purchase can help you make smarter decisions.
You can get a money order from many places. Here’s what you need to know.
A second-chance checking account is designed for those whose banking history may prevent them from opening a standard account. Applicants sometimes have past problems such as an unpaid negative balance [...]
Every financial decision you make is impacted by the Federal Reserve.
How Reg. D impacts your savings account and why it pays to check with your bank.
If you’re looking at HE loans or have a variable-rate line of credit, pay attention to the Fed.
Borrowers often don’t notice small rate cuts, and a weakening economy could dull the relief.
Auto rates will likely not decrease this year. Consider how to still save.
The Federal Reserve’s decisions have ripple effects, including for mortgages.
Does the Fed interest rate affect car loans? Yes, it does: It has a domino effect that can raise or lower auto loan rates.
The Federal Reserve just lowered interest rates for the first time in four years.
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