On Dec. 10, the Federal Reserve announced the third and final rate cut of 2025. While it was welcome news to borrowers, it was a different story for savers. Banks look to the Fed's benchmark rate when ...

On Wednesday, the Federal Open Market Committee (FOMC) declined to lower the federal funds rate. The target rate has remained at a range of 3.50% to 3.75% since December 2025. Adjustments to the fed ...