In early December, the Federal Reserve wrapped up the year with another quarter-point rate cut, the third of the year. This rate cut was welcome news for borrowers, as it helped drive down interest ...

The consumer price index rose 2.7% in December 2025 from 12 months earlier, unchanged from November, according to the Bureau of Labor Statistics. Tariffs put some upward pressure on prices for ...

Trump called for a one-year cap on credit card interest rates at 10%. For years, limited regulation has allowed companies to charge high rates, and consumers have fallen further into debt. Some ...

Fed rate cuts would likely lower credit card and savings rates first, while auto loans and especially fixed-rate mortgages may stay high or even rise. How much consumers benefit will depend on credit ...

The average 30-year fixed-rate mortgage is continuing to hover in the low 6.0% range. The U.S. 30-year fixed mortgage rate averaged 6.09% during the week ending on Jan. 22, according to the latest ...

The Federal Reserve is likely to cut rates in 2026, but internal divisions and mixed economic data could limit the extent and pace. Even with a new Fed chair appointed by President Donald Trump, ...

In the elevated interest rate climate of recent years, there have been few affordable borrowing options to choose from. Personal loan interest rates, for example, have been frozen at around 12% for ...

With close to a decade of writing and editing experience, Maisha specializes in service journalism and has produced work in the lifestyle, financial services, real estate, and culture spaces. She uses ...

With more than 15 years of experience crafting content about all aspects of personal finance, Michael Benninger knows how to identify smart moves for your money. His work has been published by Intuit, ...

The Federal Reserve meets for its first rate-setting session of 2026 on Tuesday, January 27, and Wednesday, January 28, 2026. The meeting comes on the heels of the Fed's December 2025 decision to cut ...