Hot inflation data for January was adding to concerns about how much more room the Federal Reserve might have to cut interest ...
While still elevated compared to recent history, the best savings account yields dropped as a result. The Fed began 2025, though, by keeping interest rates unchanged, and is only expect to pare ...
Earn up to 4.50%. Today’s highest CD rate of 4.50% is offered by Quontic Bank on its 3-month CD. There are other banks ...
The central bank’s decision to pause at its first meeting of 2025 followed a series of cuts that began in September to ...
Federal Reserve Chair Jerome Powell will tell the Senate banking committee the Fed isn't "in a hurry" to resume its interest rate cutting campaign.
The FOMC held rates where they were at its first meeting of 2025 on Jan. 29. After three interest rate cuts last year, the Fed is pausing to consider its next move. Which may once again be no move ...
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