However, our opinions are our own. See how we rate products and services to help you make smart decisions with your money. On Thursday, the Fed cut rates by another 25 basis points. This is ...
At the Federal Reserve's November meeting, which wrapped up just two days after Election Day, officials unanimously decided to cut interest rates once again. The cut was by a quarter point and ...
The Federal Reserve has delivered two cuts to its benchmark rate in 2024 — a half-point reduction in September followed by a quarter-point cut in November. These moves mark the first cuts since ...
The Bank of Canada’s 50-basis point rate cut will lower variable mortgage rates, but it won’t change the game for most home buyers. The Bank of Canada’s first three whacks at the overnight ...
which may bring long-awaited rate cuts. Please note that the mortgage rates listed are accurate as of the date of publication. As financial rates can fluctuate, the current rates may differ.
Toni Husbands is a staff writer with CNET Money who enjoys exploring topics that promote financial wellness. She began writing about personal finance to document her experience paying off $107,000 ...
Katherine Watt is a CNET Money writer focusing on mortgages, home equity and banking. She previously wrote about personal finance for NextAdvisor. Based in New York, Katherine graduated summa cum ...
When the Fed raises the federal funds rate, CD rates will often rise. Conversely, CD rates will often fall when the Fed cuts the federal ... an expandable section or menu, or sometimes previous ...
In the early 2000s, markets were just recovering from the dot-com bubble burst. “The Fed cut rates to stimulate the economy, so we saw savings account rates drop well below a 2% rate for several ...
But, a certificate of deposit (CD) can help. That's because today's leading accounts come with higher returns than the current inflation rate. However, strong current returns aren't the only ...