Fed’s interest rate history of 1981-1990: Volcker fights the ‘Great Inflation’ with historic rate moves and aggressively ...

Forbes Advisor has compiled this history as a handy guide to the course of the federal funds rate and the Federal Reserve’s monetary policy decisions since 1990. The federal funds rate is the ...

David Gregory is an editor with more than a decade of experience in the financial services industry. Before that, he worked as a child and family therapist until he made the decision to move ...

The Federal Reserve concluded its fourth meeting of the year by keeping the federal funds rate (FFR) at 4.25-4.50%, as ...

If the Fed cuts interest rates later this year, savings and CD yields will likely fall too. Here’s what the central bank is ...

Powell’s Fed peaked interest rates at +5.25-5.50% from September 2023 for a full year. The last time the Fed funds rate was that high was for a couple months in early 2001, shortly after the ...

For most of 2024, the federal funds effective rate stayed steady ... The Federal Reserve publishes a chart of historical interest rates for 3-month CDs. It currently shows monthly rates from ...

CD interest rates are loosely based on the federal funds rate, though banks and ... according to the St. Louis Fed’s 3-month historical CD rates chart. While rates were high in the 1980s ...

Rates on deposit accounts, like CDs, tend to follow the federal funds rate. As history has shown, when the Fed raises the federal funds rate, banks and other financial institutions typically do ...

Even so, the federal funds rate remains ... have also tended to cut interest rates gradually, Bankrate’s analysis shows. To help consumers understand the historical significance of the Fed ...