Interest rates may stay high for longer. Here’s what it means for the 2024 election.

At the start of 2024, the economy appeared to deliver just about everything President Joe Biden could want: falling inflation, robust growth and a forecast of interest rate cuts at the Federal Reserve ... Read More

Fed holds interest rates higher for even longer as inflation remains high

The Federal Reserve announced it would maintain the federal funds rate at 5.25% to 5.5%, where rates have held steady since last July. Read More

Fed stares down rising inflation and a murky path to rate cuts

Since the start of the year, central bankers’ best hopes to take pressure off the economy have gotten dimmer and dimmer. Read More

Fed Holds Interest Rate Steady To Fight Still-Too-High Inflation

Members of the central bank’s policy committee voted unanimously Wednesday to hold the crucial fed funds rate at its current high level to fight inflation that's still running too hot for comfort. Read More

Fed’s Barkin Says Full Impact of High Interest Rates Yet to Come

Federal Reserve Bank of Richmond President Thomas Barkin said he expects high interest rates to slow the economy further and cool inflation to the central bank’s 2% target. Read More

Mortgage rates hit highest level since November after hot inflation report

The spike followed the release of new consumer price index inflation ... with rising interest rates set by a committee of Fed officials. The central bank hiked borrowing costs from near-zero ... Read More

How the Federal Reserve impacts mortgage rates: Will mortgage rates go down in 2024?

Federal Reserve changes to the federal funds rate can have an indirect but big impact on mortgage rates. Here's what current and future homeowners should know. Read More

Compare the best HELOC rates in May 2024

The most creditworthy borrowers have the best odds at snagging the best HELOC rate, which should beat out today’s overall average rate of 9.30% (for 80% LTVs and $100,000 credit lines). It’s wise for ... Read More

Biden Administration Wants To Raise Capital Gains Tax Rates in the Interest of Racial Equity

Proposal would drive the top tax rate on long-term capital gains to an eye-popping 44.6 percent, calling into question the administration’s intentions. Read More

What are today's CD interest rates?

After all, your savings needs to earn a return that's at least equal to the current inflation rate ... between national average savings rates and the top interest rates available. Read More

Fed leaves interest rates unchanged amid inflation rate higher than 2% target

The Federal Reserve is expected to hold interest rates steady again as it meets Wednesday, with inflation remaining above the central bank's 2% threshold. Read More

Here's How the Housing Market Is Driving Cryptocurrencies in 2024

Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer. The Motley Fool reaches millions of people every month through our premium ... Read More