The national average savings account interest rate is 0.41% as of April 4, 2025, according to the latest numbers available from the FDIC. You can earn exponentially more than that by opening a ...

Setting the interest rate is its most famous tool ... The US dollar index, which measures the dollar’s strength relative to six other currencies, edged lower after slightly gaining this morning.

Rate cuts are on pause for now ... Even with recent cuts, interest rates are still high relative to recent history. This is the case compared not only with the 2020-21 lows but also compared ...

also known as the fed funds rate, which is the interest rate at which commercial banks lend to each other overnight. Below, CNBC Select explains how and why the Federal Reserve sets this rate ...

The Federal Reserve on Wednesday announced that it will leave its benchmark interest rate unchanged as policymakers ... but remains somewhat elevated relative to our 2% longer-run goal." ...