There’s one specific savings account type that sticks out in today’s elevated interest rate environment. Eugene Mymrin/Getty Images With the Federal Reserve electing to keep interest rates frozen again this week – its fourth such pause in 2026 – savers can comfortably take the time to shop around for a savings account that works for … Read more
The Fed is keeping rates paused for now, but that doesn’t mean affordable borrowing options have disappeared. Muhammad Aqib/Getty Images At the close of its meeting this week, the Federal Reserve left its benchmark rate unchanged at a range of 3.5% to 3.75% for the fourth meeting in a row — the first decision under … Read more
Fed keeps interest rates steady in first decision under Kevin Warsh – CBS News Watch CBS News As was widely expected, the Federal Reserve unanimously voted to keep interest rates unchanged on Wednesday. CBS News coordinating producer Richard Escobedo has more details. Source link
Dow falls after Fed holds interest rates steady – CBS News Watch CBS News The Federal Reserve maintained its benchmark interest rate on Wednesday in its first meeting with Kevin Warsh as chair. CBS News MoneyWatch correspondent Kelly O’Grady reports from the New York Stock Exchange. Source link
Fed votes to leave interest rates unchanged in first decision with Kevin Warsh as chair – CBS News Watch CBS News The Federal Reserve board voted Wednesday to leave interest rates unchanged in its first decision since Kevin Warsh took over as chair. CBS News’ Kelly O’Grady has more. Source link
A Fed rate pause won’t deliver a jolt to the market, but it still shapes the environment borrowers are navigating. Vertigo3d/Getty Images For most of the past year, the debate around the Federal Reserve has centered on a single word: when. When would the central bank resume the benchmark rate cuts it began in late … Read more
The Federal Reserve on Wednesday left its benchmark interest rate unchanged, citing resurgent inflation driven by higher energy prices stemming from the Iran war. The Federal Open Market Committee (FOMC) kept the federal funds rate, which affects borrowing costs for consumers and businesses, in its current range of 3.5% to 3.75%. Economists had widely expected the central … Read more
Prospective homeowners delaying purchases amid high prices, high mortgage rates – CBS News Watch CBS News The cost of a typical starter home has never been higher. Cristian Benavides has more in “Affordability in America.” Source link
Borrowers hoping for immediate relief from high credit card rates may want to temper their expectations. Andriy Onufriyenko/Getty Images After years of elevated borrowing costs, most borrowers have become accustomed to seeing credit card interest rates remain stubbornly high. Case in point? Right now, credit card rates are averaging close to 22%, and many cardholders … Read more
Mortgage interest rates have improved for both buyers and owners looking to refinance. carlofranco/Getty Images Homebuyers and owners hoping to refinance started 2026 with cautious optimism. Mortgage interest rates declined by around a full percentage point from January 2025 to January 2026, and while a Federal Reserve rate cut wasn’t expected to start the year, … Read more