The Federal Reserve cut interest rates for a third time this year, but officials were divided over their next move. Jerome Powell, the central bank’s chair, said “we haven’t made any decision about ...

Markets now see a December rate cut as more likely than a pause, reflecting how quickly expectations can shift. If the Fed cuts rates in mid-December, it will push today’s savings and CD yields lower.

After weeks in which the Federal Reserve's policymakers have seemed more divided over interest rate policy than they've been in years, Friday brought the clearest hint yet that a rate cut is on the ...

Sabrina Karl has over two decades of experience writing about savings, CDs, and other banking topics. She is currently a full-time staff writer at Investopedia and one of the country's top experts on ...

The Fed cut rates at its last meeting of the year The Federal Reserve cut rates by a quarter-point Wednesday afternoon in alignment with expectations. Business Insider is covering developments live ...