Federal Reserve holds interest rates steady: What that means for mortgages, credit cards and more

The Fed is staying on the sidelines, for now, but some consumer loan rates are changing.

Topics

Federal Reserve keeps interest rates steady as economic uncertainty rises

The Federal Reserve is holding interest rates steady as it weighs the impact of Trump’s tariffs and federal workforce cuts on inflation and the economy. The central bank warned that economic ...
NBC News - 4h
How Fed Rates Influence Mortgages, Credit Cards, Savings and More

Here’s how the central bank’s interest rate stance influences car loans, credit cards, mortgages, savings and student loans.
The New York Times - 5h
Federal Reserve holds interest rates steady, citing higher economic uncertainty

The Federal Reserve said Wednesday it was leaving interest rates unchanged, signaling it wanted further clarity on the direction of the economy before changing borrowing costs for businesses and ...
NBC News - 13h
The Fed is likely to hold interest rates steady. But some consumer loans are getting cheaper.

The Federal Reserve is expected to hold interest rates steady at the end of its two-day meeting next week, despite some encouraging news on inflation.
NBC News - 5d
Watch live: Powell speaks as Fed expected to keep interest rates steady

Federal Reserve Chair Jerome Powell will hold a press conference Wednesday afternoon to discuss the Fed's latest decision on interest rates. The Fed is expected to keep interest rates steady amid ...
The Hill - 6h
Federal Reserve holds interest rates steady, but trims growth outlook

Fed Chair Jerome Powell cites "high uncertainty" around the impact of Trump administration tariffs on key trading partners.
CBS News - 1h
Federal Reserve is likely to hold interest rates steady next week. But some consumer loans are getting cheaper

High interest rates have put pressure on households, but some borrowing costs are starting to ease, even with the Fed on the sidelines.
CNBC - 5d
Fed holds interest rates steady, still sees two cuts coming this year

The Federal Reserve in a closely watched decision Wednesday held the line on benchmark interest rates though still indicated that reductions are likely later in the year.
CNBC - 1h
What are today's mortgage and mortgage refinance interest rates?

Knowing today's mortgage rates can help new homebuyers and homeowners looking to lock in a good deal.
CBS News - 9h
The Fed holds rates firm—here's what it means for your money

Borrowing costs will drop slightly by the end of 2025, says a newly revised forecast by the Federal Reserve.
CNBC - 2h
Bank of Japan keeps rates steady as Trump tariffs cast a shadow over economic outlook

The BOJ's decision comes ahead of the Federal Reserve's policy meeting, where the U.S. central bank is expected to keep its benchmark interest rate steady.
CNBC - 13h
Recession fears are mounting — Powell’s stances on these 4 issues could dictate America’s economic path in months ahead

The Federal Reserve will hold its benchmark interest rate steady at its meeting this week, economists say, as it remains in a “wait-and-see” mode until the effects of President Donald Trump’s ...
MarketWatch - 1d
Kugler says Fed should hold interest rates amid inflation risks

Inflation could continue to be 'persistent' and prices could potentially increase again, Federal Reserve Governor Adriana Kugler told CNBC's Silvia Amaro.
CNBC - Mar. 10
5 questions facing the Fed ahead of its rate decision

The Federal Reserve is expected to keep interest rates steady Wednesday despite growing concerns about the strength of the U.S. economy. Measures of economic confidence spanning consumers, ...
The Hill - 12h
Consumer credit rose to $5 trillion in January — 'small cracks are starting to emerge,' analyst says

Revolving debt, which mostly includes credit card balances, jumped 8.2% in January, according to the Federal Reserve’s latest consumer credit report.
CNBC - Mar. 10
Weekly mortgage demand pulls back, as interest rates rise for the first time in 9 weeks

Mortgage rates fell for the first time in nine weeks, causing a pullback in mortgage demand, especially refinancing.
CNBC - 10h
Weekly mortgage demand surges 11% higher, as interest rates dropped for the sixth straight week

Mortgage demand for both homebuying and refinancing reacted to yet another drop in mortgage rates, which are now down for the sixth straight week.
CNBC - Mar. 12
What are today's savings interest rates?

You can open a high-yield savings account today and start earning more on the money you save.
CBS News - 1d
Fed keeps rates unchanged as Trump tariffs, economic concerns loom

The Federal Reserve held interbank lending rates steady on Wednesday at a range of 4.25 to 4.5 percent despite some signs that the economy may be heading for a slowdown. The decision to keep rates ...
The Hill - 4h
Weekly mortgage demand surges 11% higher, as interest rates dropped for the sixth straight week

Mortgage rates dropped to the lowest rate since October of last year, and that pushed demand even higher last week, after a substantial jump the previous week.
NBC News - Mar. 12
Fed Holds Interest Rates Steady, but Trump’s Tariffs Could Slow Inflation Progress

Tariffs took center stage during the news conference with Jerome H. Powell, the Fed chair, on Wednesday.
The New York Times - 44m
Stocks drift higher as investors await Fed decision on interest rates

Federal Reserve Chairman Jerome Powell's face tough challenge — offering anchor to investors in a sea of uncertainty.
CBS News - 6h
What are today's CD interest rates?

When you open a CD, you'll lock in today's rates for the entire term. Here's how much you can earn.
CBS News - 9h
Fed Holds Rates Steady and Predicts Higher Inflation, Slower Growth Ahead

The central bank penciled in two rate cuts for 2025, but President Trump’s sweeping agenda has injected “remarkably high” uncertainty into the outlook.
The New York Times - 1h
Fed likely to pause rate cuts with clouds gathering over the economy

The Federal Reserve is unlikely to cut interest rates this week despite growing concern about the state of the U.S. economy and the impact of President Trump’s trade agenda. Markets are expecting ...
The Hill - 1d
CNBC Daily Open: The effect of Trump policies will sway Fed’s interest rate moves

U.S. President Donald Trump's policies to reshape the U.S. and its economy are so drastic that the Federal Reserve is taking note.
CNBC - Mar. 10
Investors are on edge about potential changes to the Fed’s balance sheet plan

Financial markets are not just focused on what the Federal Reserve says about the future path of interest rates on Wednesday. The markets are also on alert for changes to the Fed’s ongoing runoff ...
MarketWatch - 21h
US consumers’ long-term inflation expectations hit 32-year high

Worse than expected data comes days ahead of Federal Reserve’s next meeting on interest rates
Financial Times - 5d
Stocks continue to rebound, but Tesla shares head in reverse

Investors await Federal Reserve interest-rate decision this week, while bracing for another round of U.S. tariffs.
CBS News - 2d
Who qualifies for credit card debt forgiveness?

Are you looking for a fast way out of credit card debt? Credit card debt forgiveness might help. Here's how.
CBS News - 8h
Is the inflation drop good news for mortgage rates?

Inflation fell in February for the first time in five months, which could have an impact on mortgage rates.
CBS News - Mar. 12
Will the Federal Reserve speed up US rate cuts this year?

Market Questions is the FT’s guide to the week ahead
Financial Times - 3d
Bank of England expected to keep rates on hold amid headwinds it can't fully predict or control

The Bank of England is widely expected to hold interest rates when it meets on Thursday, as the U.K. faces economic headwinds both at home and abroad.
CNBC - 16h
What will it mean to hear Louisville basketball called on Selection Sunday? 'Everything'

With Louisville basketball ending a long NCAA Tournament drought, we asked: What will hearing the Cards' name called on Selection Sunday mean to you?
Yahoo Sports - 3d
What Trump's Department of Education dismantle means for the future of AI in schools

The U.S. education ecosystem is seeking ways to counteract diminished federal support through technology and, more specifically, artificial intelligence.
CNBC - 6d
How to qualify for a credit card hardship program this spring

If you need extra help with your credit card debt, there are a few ways to qualify for a hardship program now.
CBS News - Mar. 12
Luxury lounges: Credit card perks 'we are all paying for'

Why credit card providers are opening lavish customer lounges in airports and cities.
BBC News - Mar. 10
Mortgage rates drop to the lowest level in 5 months, luring home buyers back into the housing market

Mortgage applications rose 11.2% in the past week, the Mortgage Bankers Association said.
MarketWatch - Mar. 12
The Fed’s interest-rate pause has a silver lining for worried Americans — if they make this move

Consumers are increasingly concerned about their jobs and their access to credit as recession fears loom.
MarketWatch - 2h

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