The Fed didn’t budge on rates. Here’s why that matters for your bank accounts
Most people pay little attention to the Federal Reserve and monetary policy. But they have an outsized impact on your bank accounts.
Fed leaves rates unchanged, sees no hurry to cut again
Global shares rose as investors digested earnings from Microsoft and Meta in the wake of this week's rout in technology stocks, while the dollar was steady against most other currencies after the Federal Reserve left rates unchanged.
Is the Fed interest rate pause good for mortgage rates?
It's important to understand that the Fed's decision to pause rate cuts will not directly impact mortgage rates. Mortgage rates are actually driven by a range of factors, including the Fed's rate changes. This week's Fed rate decision does, however, have a big influence on where mortgage rates could head.
Fed holds rates steady, hitting pause after series of cuts
The central bank’s decision to pause at its first meeting of 2025 followed a series of cuts that began in September to account for progress already made on getting inflation down. Over the course of three meetings, the Fed lowered rates by a full percentage point to a range of 4.25 percent to 4.5 percent, which was maintained on Wednesday.
Mortgage Rate Predictions: Will the Fed Keep Postponing Interest Rate Cuts?
Though Trump could appoint Fed board members whose views on monetary policy align with his own, he can only make new appointments in early 2026. Will mortgage rates go down in tim
Fed's rate pause could spell trouble for the U.S. economy
Brian Jacobsen, chief economist at Annex Wealth, joined TheStreet to discuss what higher for longer rates means for the economy in 2025. Related: Major housing analyst unveils mortgage forecast ahead of Fed meeting CONWAY GITTENS: So,
Fed Leaves Rates Unchanged: What the Experts Are Saying
The Fed has a dual mandate. In addition to stable prices, the central bank is supposed to support maximum employment. With the labor market in "solid" shape, the FOMC has become m
The Fed Didn't Budge on Interest Rates. Here's Why That's a Big Deal
Here's a quick primer on interest rates and what today's Fed decision could mean for your money. Read more: Trump Can't Lower Interest Rates. But What Power Does the President Hav
Will home equity loan interest rates fall this February?
With the Fed pausing interest rates, prospective borrowers may be contemplating the short-term future of interest rates.
CD, Checking, and Savings Rates Today: Maximize Your Returns
Open a new bank account today and earn a top interest rate. Our experts have researched the best rates on checking, savings, ...
Fed holds interest rates steady, defying pressure from Trump
The Federal Reserve held interest rates steady on Wednesday, just days after President Donald Trump called on the central ...
Federal Reserve holds interest rates steady as inflation remains above 2%
The Federal Reserve opted to leave its benchmark interest rate unchanged in its first policy meeting since President Trump's ...
The Fed holds interest rates steady in its first decision of the year
Amid pressure from President Donald Trump to keep lowering interest rates, the Federal Reserve held steady.
Marketplace20h
GDP shows spenders keep spending despite high interest rates
Economic growth was healthy in 2024, coming in at 2.8% compared to 2.9% in 2023. The continuing expansion is driven by ...
Trump slams Fed after decision to hold interest rates steady
Policymakers left their benchmark rate unchanged amid signs that the economy is humming along, defying the president’s ...
WA insurance costs keep rising. What can the new commissioner do?
Home, auto and health insurance rates are on the rise. Here's what insurance commissioner Patty Kuderer says her office can ...