Israel's attacks on Iran may keep Fed rate cuts on hold
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The Federal Reserve's balancing act between concerns about a weakening labor market and still above-target inflation will take center stage for investors in the coming week as they weigh risks to the rally in the U.
The Fed's next meeting could impact your savings rates. Here's how to prepare now and protect your cash from falling yields.
So far this year, the Federal Reserve has kept interest rates steady. But when will that change, and how could it impact what you earn on your savings?
Central banks on both sides of the Atlantic will set the course for the direction of interest rates this week as Donald Trump's trade war looms over the global economy.
While Fed rate decisions influence what you earn on savings, the type of bank and account you choose matters more than the actual rate change, making it important to pick high-yield options that respond to Fed moves.
Cooler-than-expected U.S. inflation last month deepened conviction in financial markets on Wednesday that the Federal Reserve will start cutting interest rates by September and deliver a second reduction by the end of this year.
Another Federal Reserve interest-rate decision, the Juneteenth holiday that closes markets on Thursday, U.S. retail sales for May, earnings from Accenture, Kroger, CarMax, plus Tesla's robotaxi rollout over the weekend.