Will the Fed’s quarter-point cut really help your finances? What it means for mortgages, credit-card bills, savings rates and more.

The Federal Reserve is expected to cut its federal-funds rate by 25 basis points during its highly anticipated meeting this week to address growing concerns about the health of the U.S. economy. But ... Read More

Here are the 3 biggest ways the Fed interest rate cut could impact your money

The Federal Reserve's first interest rate cut since December could be followed by more reductions later in 2025. Here's what to know. Read More

The Fed cut interest rates. How quickly will you notice changes?

Fed Chair Powell described the reduction as “a risk-management cut” against the growing downside risks to employment. But with inflation still above the Fed’s 2% target – typically justification to ... Read More

The Federal Reserve Cut Interest Rates For the First Time This Year. Here's What It Means For Credit Cards and Mortgage Rates.

The Federal Reserve, which last cut interest rates in December 2024, is expected to reveal its first rate cut of the year on Wednesday. Economists and industry experts predicted a 94% chance of a ... Read More

Here are 4 ways lower interest rates could affect your personal finances

Federal Reserve Chair Jerome Powell hinted interest rate cuts could be coming soon in a speech on Friday, a move that could affect everyone from global markets to individual Americans. Powell ... Read More

Powell signals Fed may cut rates soon even as inflation risks remain

JACKSON HOLE, Wyo. — Federal Reserve Chair Jerome Powell on Friday opened the door ever so slightly to lowering a key interest rate in the coming months but gave no hint on the timing of a move and ... Read More

Powell says Fed may need to cut rates, will proceed carefully

Fed chief cites jobs risk even with ongoing inflation concern Powell says base case is for tariff inflation impact to be short-lived He sees job market in 'curious balance' that could change fast ... Read More

What's the mortgage interest rate forecast for fall 2025?

The housing market over the past few years has been challenging for prospective homebuyers. As home prices and mortgage interest rates remain high, first-time homebuyers face a one-two punch, making ... Read More