The average annual percentage yield for a 12-month CD dropped two basis points this month to 1.78%, according to the FDIC.

Hello and welcome to Yahoo Finance's live coverage as the RBA delivers their decision on the cash rate later today.

High inflation and high interest rates have contributed to vulnerabilities among consumers, making them all the more susceptible at a time when the sheer unpredictability of the Trump administration’s ...

Chicago Federal Reserve Bank President Austan Goolsbee said he expected interest rates to be "a fair bit lower" in 12-18 ...

The central bank penciled in two rate cuts for 2025, but President Trump’s sweeping agenda has injected “remarkably high” ...

President Donald Trump wasted no time in pressuring the Federal Reserve to lower interest rates, calling Apr. 2 – when reciprocal tariffs take effect – “Liberation Day in America.” Meanwhile, the Fed ...

After steady increases over the past couple of years, certificate of deposit (CD) rates are declining as the Federal Reserve cuts short term interest ... during the same time frame, including ...

Home equity loans and HELOCs have lower interest rates than credit cards, encouraging some homeowners to use them to pay off ...

The U.S. economic outlook is cloudy and the Federal Reserve should be patient about adjusting interest rates, Boston Fed ...

"This combination of higher costs and higher debt risks restricting capacity for future borrowing" the OECD said in a report ...