Yes, some CDs are still offering 5% – and one pro tells us you might want to lock in rates, as yields are ‘unlikely to show any material improvement by waiting’
Indeed, Greg McBride, chief financial analyst at Bankrate, tells us that with this move, and future risk that the Fed resumes cutting rates if inflation pressures ease, there’s no benefit to waiting ...
Trump may be his own worst enemy in his fight against the Fed
Trump said Powell and the Fed "failed to stop the problem they created with inflation" in a post on Truth Social on Wednesday ...
New inflation reading reinforces Fed's go-slow strategy
A fresh reading from the Federal Reserve's preferred inflation gauge showed prices remained sticky in the final month of 2024 ...
U.S. inflation ticked higher last month, in latest sign of persistent price pressures
An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices ...
Hosted on MSN5h
How the Fed's Pause on Rate Cuts Could Affect Mortgage Rates
If you paid attention to the Federal Reserve's monetary decisions last year, you might have been surprised by something: The ...
High Inflation Sows Debate About New Fed Playbook for Tariffs
Fresh tariffs amid high inflation are making the Fed’s job uniquely difficult and feeding uncertainty about what to expect ...
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 ...
cbtnews7h
Weekly roundup: CDK Global settles for $630M, Trump seeks to pause CA emissions review, Duffy rescinds fuel economy standards
CDK Global settled antitrust claims for $630 million amid data access disputes. The Trump administration seeks a Supreme ...
When Are the Next Fed Meetings? See the Calendar
The Federal Reserve hit the pause button on interest-rate cuts Wednesday, entering a wait-and-see phase as it tries to determine whether it should cut further, and by how much. With that i ...
U.S. Dollar Index Analysis: Hawkish FOMC Pause, Trump's Fed Criticism, And Technical Outlook
The Federal Reserve held interest rates steady and signaled a “wait and see” approach as uncertainties remain. Click to read.
LTC, HYPE, and Aethir jump up to 25% as Fed rate pause fuels crypto rally
Jerome Powell confirmed the Fed’s decision to keep rates unchanged. The move maintains the Federal benchmark funds rate ...