3 CD accounts to consider with Fed pausing interest rates

3 CD accounts to consider with the Fed pausing interest rates
Hope that the Federal Reserve would continue its interest rate cut campaign had dimmed toward the end of 2024 as the bank hinted at a slower pace in 2025. And that was made official on Wednesday when the Fed held its first meeting of the year,
Fed holds rates steady, hitting pause after series of cuts
The central bank’s decision to pause at its first meeting of 2025 followed a series of cuts that began in September to account for progress already made on getting inflation down. Over the course of three meetings, the Fed lowered rates by a full percentage point to a range of 4.25 percent to 4.5 percent, which was maintained on Wednesday.
How to profit from the Fed’s latest interest rate pause
The Federal Reserve’s decision on Wednesday to keep its overnight bank lending rate where it is — following a full percentage point cut last year — means you still have an opportunity to enjoy solid,
The Fed is set to hit the pause button on rate cuts, for now. Here's the impact on your money.
The Fed is expected to hold off on another rate cut at its Jan. 29 meeting. Here's what it means for your finances.
Fed Stays Steady, and Powell Offers No Guidance on Future Rate Cuts
After three cuts at the end of last year, Federal Reserve officials paused rate moves as they weigh a solid economy and rising inflation risks. Jerome H. Powell, the Fed chair, said the central bank was not on a “pre-set course.
Fed meeting recap: Powell says central bank is in no hurry to cut rates again
Central bank policymakers are widely expected to stand pat on interest rates. Investors await further details from Fed Chair Jerome Powell’s press conference.
How latest Fed rate will affect various types of loans, your bank accounts, credit cards, and your many other investments
The latest Fed rates have stayed unchanged from the last figures after the US Federal Reserve's policymakers voted to keep things as they were, keeping a 'wait and see' approach to Donald Trump's economic policies.
The Fed Paused Rates. Here's What That Means for CD and Savings Account APYs
Here's how you can take advantage of it. The Federal Reserve paused rates at its January meeting. Today's best savings accounts and CDs offer up APYs as high as 5%. Rate cuts are expected later this year,
Fed pauses interest rate cuts despite Trump’s call to lower rates ‘immediately’
The Federal Reserve decided to delay additional rate cuts for now and keep interest rates unchanged at its first meeting of the year, giving officials time to assess whether inflation is cooling and how President Donald Trump’s policies might impact the U.
How Trump could radically reshape the Fed
The Federal Reserve kicked off its second Trump era right where it left off: Doing exactly what it wanted to do, ignoring President Donald Trump’s demands that it lower rates.
Inflation has gone up for the third straight month, but switching bank accounts could help protect your funds
Knowing when to switch bank accounts can be stressful, especially as inflation rises. Find out how to know it's time to ...
The Fed Forgot To Announce Its $82 Billion Loss For 2024
The Fed has reported consecutive annual losses for the first time ever, with a $114.3B loss in 2023 and an estimated $82B ...