News

The RBI's MPC cut the repo rate by 50 bps to 5.50% to support growth amid easing inflation. Policy stance moves to neutral, aiming for price ...
Given President Donald Trump's evolving tariff policy, a great deal of uncertainty is swirling around future interest rates.
Hanmi Financial Corporation operates as the holding company for Hanmi Bank that provides business banking products and ...
The Fed hasn't adjusted interest rates this year, and isn't expected to make a move for months. Yet today's highest CD rate ...
Decisions made at the Federal Reserve's new meeting and other factors could influence CD interest rates this June.
The Federal Reserve has held interest rates steady but consumers could see cuts later this year. Consider these financial ...
What the Fed rate announcement means for homebuyers, borrowers and savers.
The CD rate forecast for 2025 has become a bit muddled. When the Fed began dropping interest rates in 2024, it projected — as did most analysts — that it would continue to make cuts in 2025.
Unlike high-yield savings accounts, CDs have a fixed rate, which means your earnings stay the same even if overall rates fall. And in a declining-rate environment like today's, that can be ...
The CD rate forecast for 2024 doesn’t bode well for those wishing for higher CD rates, especially CDs with terms of 12 months to 24 months. The Federal Open Market Committee (FOMC), which sets ...
Ideally, savers should open a certificate of deposit (CD) when rates are higher to lock in a fixed rate for a set period of time so they can earn the best long-term return on their money.
Banks use their prime rate to determine what they charge on credit cards, mortgages and other loans. They also use it to determine savings and CD rates. The target U.S. fed funds rate is between 4 ...