News & Events

Investors riddled with FOMO might be re-entering the US stock market
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the...

Time Lags And Model Uncertainty Raise Risk Of Recession, Inflation
pm EDT| The Federal Reserve’s September 2023 decision not to change interest rates highlights two problems in monetary policy: time lags and uncertainty of economic models and forecasts. They try to...

The pros and cons of CD investing
Certificates of deposit may not be the most exciting investments, but it’s their safety and predictability that make them attractive, especially in times of economic uncertainty. After 11 Federal...

The Fed Pauses Rate Hikes. For Now
The Federal Reserve’s pause on interest rate hikes in the September meeting of the Federal Open Market...

What the Fed’s September rate pause means for homebuyers and sellers
...be near the end of this round of tightening. “We do expect mortgage rates to trend down once the [Federal Open Markets Committee] clearly signals that they have reached the peak for this cycle...

Latest mortgage news: Rates remain near 22-year high as Fed pushes pause button
hikesterson/: Illustration by Issiah Davis/Bankrate Mortgage rates slightly inched up this week, remaining near their highest level since 2000, according to Bankrate’s national survey. The...

Fed Official Contemplate One More 2023 Rate Increase
pm EDT| Many Federal Reserve policy makers believe another 2023 interest rate hike may be warranted. This information came in September’s Summary of Economic Projections where twelve policy makers...

Recession prep: Should you apply for a balance transfer card now?
Credit: JGI/Jamie Grill/: Illustration by Issiah Davis/Bankrate While rising interest rates have been a boon for savers who are now earning upwards of 5 percent with high-yield savings accounts and...

The Fed hits pause on interest rate hikes while it reviews more data
Washington, DC CNN  —  The Federal Reserve said Wednesday it will pause its rate hikes, keeping its benchmark lending rate at a 22-year high. The move was widely expected, after the central bank...

Fed leaves interest rates unchanged, sees borrowing costs staying higher for longer
...than prices are rising. Deposits insured by the Federal Deposit Insurance Corporation (FDIC) provide coverage up to $250,000 per depositor, per institution and per ownership category. And assuming...