Fed holds interest rates steady: What that means for mortgages, credit cards and loans

From mortgage rates and auto loans to credit cards and savings accounts, here's a look at how the January Fed decision could affect your finances.

Fed on track to defy Trump, keep rates steady despite criminal probe

The Federal Reserve is on track to keep interest rates steady Wednesday and defy the Trump administration’s controversial efforts to reshape the independent central bank. The Federal Open Market ...

The Fed Isn’t Moving Rates—Yet the Top CD Rate Is Higher Than Earlier This Month

Competition among smaller banks and credit unions has pushed the leading APY up to 4.50% ...
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Drop in unemployment rate expected to keep Fed on track for rate-cutting pause

A surprise drop in the unemployment rate in December is likely to keep the Federal Reserve on course to take a breather from cutting interest rates later this month. “The fall in unemployment to 4.4% ...

Fed pauses, but mortgage rates are already lower

Mortgage interest rates have moved lower from late last summer through to the new year, often ahead of the Fed’s cuts. The central bankers’ latest announcement is unlikely to move mortgage rates, but ...