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 ...
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 ...
US inflation is lingering and tariffs threatened by Trump could nudge prices in wrong direction
An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices ...
Trump may be his own worst enemy in his fight against the Fed
Trump argued on Wednesday that Powell and the Fed "failed to stop the problem they created with inflation." ...
Fed Stands Pat on Rates, Entering New Wait-and-See Phase
Fed Chair Jerome Powell says, “We do not need to be in a hurry to adjust our policy stance.” ...
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How the Fed's Pause on Rate Cuts Could Affect Mortgage Rates
Policy changes: When the Fed adjusts the federal funds rate, it spills over into many aspects of the economy, including ...
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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 ...
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Powell 'Looking Out The Window' As Fed Holds Rates
The best indicator of monetary policy’s impact on the broader economy is what you see when “looking out the window,” Federal ...
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 ...
5 things to know for Jan. 30: Plane crash, RFK Jr. hearing, Hostage release, Interest rates, Starbucks
The mood at Reagan National Airport is somber following a devastating plane crash near Washington, DC, hours ago. Family members of likely victims are waiting anxiously for answers as first responders ...
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Binance Coin (BNB) Price Action: Volatility Metrics Signal Potential Breakout
BNB consolidates near $672 with increased volatility metrics and $30 billion in fresh market inflows following the Federal ...