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 ...
Bill McEwen1h
US Inflation Lingers, Tariffs Threatened by Trump Could Nudge Prices in Wrong Direction
U.S. Inflation gauge rises as Trump's tariff threats loom, potentially pushing prices higher in coming months.
How Inflation, Tariffs, and More Could Impact Your Finances in 2025
Plus, why Morningstar believes the Federal Reserve will cut interest rates this year more than the markets predict.
Trump may be his own worst enemy in his fight against the Fed
Trump said Powell and the Fed "failed to stop the problem they created with inflation" in a post on Truth Social on Wednesday ...
The Fed’s Preferred Inflation Measure Ticked Up Slightly in December
The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
Will home equity loan interest rates fall this February?
With the Fed pausing interest rates, prospective borrowers may be contemplating the short-term future of interest rates.
Fed’s preferred inflation gauge posts largest monthly gain since April as tariff fears boost spending
“The Fed’s prognosis is for a slower pace of monetary easing moving forward, as the economy is doing well and prices are only slowly returning to target in an environment of great uncertainty,” said ...
US inflation rise in December; consumer spending accelerates
U.S. prices increased in December while consumer spending surged, suggesting that the Federal Reserve could delay cutting ...
BlackRock’s Once-Mighty Inflation-Hedge ETF Is Losing Its Crown
A once-dominant BlackRock Inc. bond ETF is at risk of losing its crown as the biggest inflation-hedging product of its kind, ...
Fed's Goolsbee comforted by latest inflation data, worried about tariffs
Chicago Federal Reserve President Austan Goolsbee said inflation data released on Friday was a bit better than expected and ...
Why CD Laddering Could Be the Best Move for Your Savings in 2025
Rates are expected to drop in 2025, but a CD ladder can help you earn higher APYs on multiple CDs into the future while maintaining flexibility with your money.