The Fed releases a report called the Summary of Economic Projections (SEP) four times per year, which tells the public where ...
The savings habits of many Americans give new meaning to the term “idle cash.” More than half of American savers are earning less than 3% interest on their accounts, according to a new survey from ...
For example, depositing $10,000 in a high-yield savings account at 4 percent APY right now could earn you nearly $400 more in ...
There's a big difference between national average savings rates and the top interest rates available. In part, that's because different types of banks often have very different rates. By contrast ...
Adding $5,000 to a new car price could push the average car loan balance to $48,000 — which would drive the average monthly payment to $880.
Most analysts expect mortgage rates to remain relatively flat for the rest of the year. However, another interest rate cut or economic shifts could change that equation. The current mortgage rates ...
History of the SOFR For some time, the London Interbank Offered Rate (LIBOR) served as the benchmark for global interest rates. However, because of its reliance on bank estimates rather than real ...