After hitting a peak of 7.04% in January 2025, mortgage rates have retreated, but the decline has been sluggish, as rates ...

After steady increases over the past couple of years, certificate of deposit (CD) rates are declining as the Federal Reserve cuts short term interest ... 2025 In January 2022, the typical APY ...

But inflation surged in 2022 to 6.6%, the highest in four decades ... In the shorter-run (two to three years ahead), our interest-rate forecast is centered on the Fed’s mission and attempts ...

Despite President Trump's decision to implement a 90-day pause on reciprocal tariffs for most countries, which calmed some ...

The Federal Reserve cut interest rates in 2024 after having raised them 11 times throughout 2022 and 2023 to combat inflation, but savings rates still haven’t substantially declined. We may see ...

Compared to its previous forecasts ... funds rate (overnight interest rates) to influence economic activity and bring them back into line. The inflation surge in 2022 is a good example of this ...

When the Bank of England held interest rates ... 1% reached in October 2022, it remains above the 2% target. When the Bank cut rates in February, it also cut its growth forecast for the UK economy ...