Deposit account rates are declining, but the good news is that you can lock in a competitive return on a certificate of deposit (CD) today and preserve your purchasing power. In fact, the best CDs still pay rates above 4%. Read on for a rundown of current CD rates and where to find the best…
If you were counting on the Federal Reserve to cut interest rates this year, JPMorgan’s chief economist has a message you may not want to hear. Michael Feroli, chief U.S. economist at JPMorgan, has forecast zero rate cuts throughout 2026, and the Fed’s next move will be a 25 basis point rate hike in the…
NEW YORK (Reuters) – Federal Reserve Governor Stephen Miran said on Thursday that reducing the financial system’s demand for high levels of liquidity could allow the central bank to substantially trim the size of its still large balance sheet and facilitate a more flexible monetary policy stance than it would otherwise. “Reducing the size of…
Deposit account rates are declining, but the good news is that you can lock in a competitive return on a certificate of deposit (CD) today and preserve your purchasing power. In fact, the best CDs still pay rates above 4%. Read on for a rundown of current CD rates and where to find the best…
Current savings account rates still remain well above the national average. However, the Federal Reserve cut the federal funds rate three times in 2025, meaning deposit account rates are also falling. It’s more important than ever to make sure you get the highest possible rate on your savings, and a high-yield savings account could be…
He S&P 500 The index had been roughly stable year-to-date until oil prices began to rise, and is now on a downward slope. Before the war with Iran, the stagnant market had more to do with macroeconomics. The labor market remains tight, inflation remains higher than the Federal Reserve wants, and interest rates continue to…
When it comes to the benchmark federal funds rate, we are all in agreement. This is because it guides interest rates for car and student loans, home equity loans and credit cards. It also affects the 10-year Treasury bond, which in turn affects mortgage rates in the stagnant real estate market. Billions of dollars in…
The average long-term mortgage rate in the United States rose again this week, reflecting the bond market’s current jitters over the war with Iran. The benchmark 30-year fixed-rate mortgage rate rose to 6.11% from 6% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 6.65%. The average rate has now…
The average long-term mortgage rate in the United States broke from its lowest level in 3-1/2 years this week, as bond yields rose following a rise in oil prices due to the war with Iran. The benchmark 30-year fixed-rate mortgage rate rose to 6% from 5.98% last week, mortgage buyer Freddie Mac said Thursday. A…
Find out which banks offer the best CD rates right now. If you’re looking for a safe place to keep your savings, a certificate of deposit (CD) can be a great option. These accounts typically offer higher interest rates than traditional checking and savings accounts. However, CD rates can vary widely. Learn more about the…
