High CD interest rates may remain high now that inflation's ticking up again. Here's what savers should consider.
While inflation has cooled since 2022, the CPI rose 2.9% from Dec. 2023 to Dec. 2024. Not all prices rise at the same rate – some sectors of the economy are seeing minimal inflation or even ...
Concerns about inflation making a comeback gave investors a scare Wednesday, raising alarms about the bull run in stocks and ...
The latest inflation report shows prices ticked up for the third straight month, making it unlikely the Federal Reserve will cut interest rates at their upcoming meeting. While high interest rates ...
The inflation rate remained above 3% in early 2024. Since early 2022, inflation has been the Federal Reserve’s primary economic challenge. To address this, the Federal Open Market Committee ...
US inflation jumped to 3% in January, defying forecasts and adding pressure on the Federal Reserve to rethink its timeline ...
Inflation slowed through much of last year – falling as low as 2.4% from a 40-year high of 9.1% in mid-2022 – but it has remained stubbornly high since fall. The cost of services such as car insurance ...
Banking systems are largely insulated from inflation, but vulnerabilities at some banks could lead to tradeoffs between containing inflation and protecting financial stability ...
The interest payment increases or decreases depending on current interest rates. When inflation rises, interest rates usually follow as the Federal Reserve tightens monetary policy to control the ...
Press the “Calculate” button to see ... savings account or cash Isa offering a higher rate of interest. This is particularly important when inflation is high, but in general it’s a good ...