Fed holds interest rates steady at highest level since 2001. The U.S. economy has faced a months-long stretch of stubborn inflation. By Max Zahn. May 1, 2024, 2:45 PM. 3:45.

Fed holds interest rates steady... for now The Federal Reserve held interest rates steady today, but hinted one more rate hike may be needed this year to bring inflation under control.

The Fed’s decision to hold rates steady has far-reaching implications for almost all forms of borrowing as well as the returns on most savings accounts. Skip to content. Main Navigation.

The widely expected decision left interest rates unchanged at a range of 5.25% to 5.5%, where they have sat since last July. Fed policymakers made several key changes to the statement released ...

You can't control what the Fed or your bank will do next, but there are steps you can take to prepare for lower interest earnings now.

Mind Your Money host Allie Canal discusses the expectations for the Federal Reserve's next meeting on interest rates in July and what that means for your money. Read more: When is the Fed's next ...

The European Central Bank will likely hold off on making another interest rate cut Thursday, choosing to wait until it can measure the size of any ...