Zero-interest credit cards may be tempting to some individuals who can’t quite make the full payment on their statement in ...

which dropped the benchmark interest rate to zero, is likely here to stay. Just last week, the Fed publicly stated that even if inflation starts to pick up again amid the economic recovery from ...

lowering interest rates to near zero. This rate cut comes less than two weeks after the Fed cut interest rates by half a point and marks continued effort to minimize the economic impact of the ...

How much interest you can earn, however, depends on where savings rates currently stand.

The Federal Reserve’s primary economic policy tool, the interest rate, is also a macro-signal of the economy’s health.

According to FDIC data, the average interest rate on savings accounts is currently 0.41%. That rate is much higher than it was prior to the pandemic, but it’s far lower than what the best ...