The gap between high-yield and traditional savings accounts has never been wider. According to Bankrate’s latest data, the national average savings account rate sits at 0.62% APY, while top high-yield ...

Typically, when the Fed raises interest rates, banks increase the yields on savings accounts to attract deposits. Conversely, rate cuts often lead to reduced returns for savers. With the Fed meeting ...

Some mortgage rate scenarios are more likely to occur than others next year. Here's what borrowers can do in each.

The Federal Reserve took the widely expected step Wednesday of announcing its first interest rate cut in years, a move that will have a major impact on the finances of Americans across the board, ...

For the second time in three months, the Federal Reserve issued a cut to its federal funds rate on Thursday. Now at a range between 4.50% to 4.75%, the rate is down 75 basis points from where it was ...

Price increases slowed more sharply than expected in June, adding to evidence that high inflation has subsided and potentially clearing the way for the Federal Reserve to lower interest rates that ...

The Federal Reserve just announced that it will lower the target federal funds rate by 0.25 percentage points to a range of 4.00% to 4.25%. It's a small rate cut that has been expected for months, so ...