The Federal Reserve and Your Money

Latest Articles

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  What is the Federal Open Market Committee (FOMC)? Meet the key policymakers shaping your finances

  The Fed has lifted rates 11 times. These policymakers are behind those decisions.

  5 min read Dec 18, 2023
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  Survey: Nearly two-thirds of Americans don’t expect their personal finances to improve in 2024

  The biggest reason behind Americans’ financial pessimism continues to be inflation.

  7 min read Dec 18, 2023
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  Fed keeps interest rates unchanged, sees cuts coming in 2024

  The decision adds to suspicions that officials are done raising rates.

  10 min read Dec 13, 2023
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  Will the Fed raise interest rates one more time this year? Some economists aren’t convinced

  Experts are doubting the Fed’s September projections that showed one more rate hike.

  9 min read Nov 08, 2023
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  HELOCs replace cash-out refinancing for equity-rich homeowners

  Even at higher rates, a HELOC is worth considering over other types of financing.

  2 min read Nov 03, 2023
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  Experts: Mortgage rates won’t rise much more — but also won’t go down any time soon

  The sharp rise in mortgage rates raises a new question: How much higher could they go?

  3 min read Oct 20, 2023
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  Mortgage rates reach 8%, a first since 2000

  The average 30-year fixed mortgage rate touched 8 percent on Oct. 19, according to Bankrate data.

  3 min read Oct 19, 2023
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  Survey: Fed won’t begin cutting interest rates until 2024 as officials keep tackling inflation

  Will the Fed keep interest rates too high for too long?

  4 min read Oct 10, 2023
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  Survey: Despite a red-hot job market, top economists see a major slowdown in employment coming over the next year

  The strong economy isn’t leading economists to rethink their job market forecasts.

  4 min read Oct 10, 2023
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  Survey: Inflation could remain stuck above Fed’s 2% target until 2025

  How hard will the Fed have to push to slow the economy enough?

  5 min read Oct 10, 2023
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  Survey: Odds of a recession by September 2024 fall to 46%

  Will a recession not wreck the economy’s party after all — or is it just late?

  3 min read Oct 10, 2023
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  Mortgage rate forecast October 2023: Higher for longer

  Don’t expect mortgage rates to depart from the current trend, experts say.

  3 min read Oct 01, 2023
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  Fed leaves interest rates unchanged, sees borrowing costs staying higher for longer

  The higher rates rise, the more Fed watchers wonder: Is the Fed about done?

  9 min read Sep 20, 2023
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  Americans’ expenses are rising faster than their paychecks

  High inflation and interest rates are leading many Americans to rely on credit.

  3 min read Sep 15, 2023
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  Wages are finally rising faster than inflation. Will Americans ever feel like it?

  Americans still have a ways to go to fully recover their purchasing power.

  11 min read Sep 07, 2023
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  U.S. debt downgrade means mortgages just got more expensive

  The downgrade of U.S. debt created one more reason for mortgage rates to stay at a peak.

  3 min read Aug 03, 2023
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  Fed hikes interest rates to 22-year high, keeps more increases on the table

  The real question is: What will the Fed’s next moves be?

  8 min read Jul 26, 2023
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  Younger Americans say they’d do anything from downsizing to buying a fixer-upper just for affordable housing

  Hit with mounting housing woes, young people ask: Wait it out or make a sacrifice?

  13 min read Jul 17, 2023
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  Survey: Economists see unemployment surging to 4.5% and sharp job growth slowdown

  Experts, however, still don’t see a labor market as tough as it was during the pandemic.

  5 min read Jul 12, 2023
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  Survey: Higher inflation could persist through at least 2024

  While the worst of inflation may be over, the battle hasn’t yet been won.

  5 min read Jul 12, 2023