Tensions escalated Tuesday between the Trump administration and the Federal Reserve. After President Donald Trump announced on social media that he was firing an official on the Fed’s chief governing body — something that hasn’t happened in U.S ...

See how Federal Reserve's policy decisions shape savings account rates, and learn smart strategies to protect your money when rates shift.

Experts say Americans shouldn't expect a further decline in mortgage rates immediately after the Fed's September meeting.

When the Federal Reserve changes interest rates, consumers feel the ripple effects in all sorts of ways. For savers, banks offering top interest rates tend to pay more when the U.S. central bank hikes rates and less when it cuts them.

For decades, the Federal Reserve has managed America’s interest rates free from the kind of political pressure that can ramp up inflation and drive economies into a recession. That successful run could come to an abrupt end if President Trump successfully ousts Lisa Cook, a Fed governor.