When you take out a personal loan, your interest payment is generally fixed. This means you’ll have equal monthly payments factoring in the amount of interest you owe on top of the funds you borrow, ...

Interest rates play a central role in how households and businesses make financial decisions. They affect the cost of borrowing money, the returns earned in a savings account, and the mortgage rates ...

While most economists believe that central banks set interest rates, in reality, they are set by time preferences of ...

The highest money market account rate available today is 4.22% Changes from the Fed or your bank can quickly change money ...

The average interest rate on a two-year personal loan was 11.57% in the second quarter of 2025, according to the Federal Reserve. But depending on your credit history, income and other factors, you ...

Will they or won't they cut interest rates in September? All eyes are on the Federal Reserve and its chairman, Jerome Powell. He is seen as the all-powerful Wizard of Rates, but there's more to the ...

The Federal Reserve targets an interest rate called the federal funds rate (FFR). The three rates the Fed sets to reach its FFR target range are: the discount rate, interest on reserve balances (IORB) ...

After months of waiting, borrowers have finally gotten the shift in monetary policy they've been waiting for. The Federal Reserve cut its benchmark interest rate by 25 basis points yesterday — marking ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. How much does a $40,000 HELOC cost monthly now, however, after the Fed's ...

We might earn a commission if you make a purchase through one of the links. The McClatchy Commerce Content team, which is independent from our newsroom, oversees this content. Buy now, pay later isn’t ...