The Fed uses interest rates "like a gas pedal and a brake pedal," Forbes said. Lowering rates stimulates the economy; raising ...

“The Federal Reserve raised interest rates at the fastest ... Here’s a look at the historical ups and downs of CD rates and some background on rate fluctuations through the decades.

While still elevated compared to recent history, the best savings account yields dropped as a result. The Fed began 2025, though, by keeping interest rates unchanged, and is only expect to pare ...

Outside of bigger economic meltdowns, policymakers have also tended to cut interest rates gradually, Bankrate’s analysis shows. To help consumers understand the historical significance of the ...

Between tech busts, a financial crisis and a pandemic, not to mention periods of too little inflation and too much, the nation’s central bank has used short-term interest rates, along with other ...