CD rates are a product of their economic times, and we're currently in a rosy period. At other times in history, CD rates ...

CD rates move in tandem with the federal funds rate, the benchmark interest rate set by the Federal Reserve. Yields on CDs rose above 10% in the early 1980s when the Fed set interest rates well ...

Historical savings rates follow similar patterns ... At the first meeting of 2025, the Federal Reserve maintained interest rates. At its second meeting, which took place in March, the Fed ...

By 2022, the Federal Reserve began raising its benchmark interest rate to cool pandemic-spurred inflation, and mortgage rates followed suit. Fast-forward to October 2023, and the 30-year mortgage ...

This tool converts currencies on a specific date using our historical rates database. If no dates or currencies have been entered, the form defaults to yesterday and Pound to Euro exchange rate.

B]ased on current trends and historical patterns ... including the number of times the Fed cuts interest rates and by how much. The mortgage rate you got when you initially financed your home ...

Historical data suggests that CD rates track the federal funds rate, which has held true during past recessions. Typically, the Federal Reserve will lower interest rates during a recession to spur ...

In 2024, the Fed made three cuts to its benchmark interest rate, and many expected mortgage rates to ease. But that didn’t happen. Here's why: The Fed doesn't directly pull the levers on ...

There's a big difference between national average savings rates and the top interest rates available. In part, that's because different types of banks often have very different rates. By contrast ...

These lower rates have benefitted new borrowers and existing HELOC holders alike — allowing both to reduce their interest and monthly payments with every dip that occurs. But as the old adage ...

"The economic outlook is clouded by exceptional uncertainty," ECB President Lagarde said at a press conference. The bank's ...