The interest rate environment is changing once again. After the Federal Reserve kept its federal funds rate on pause for all of 2025, the central bank is poised to issue its first rate cut of the year ...

You may notice if you’re shopping for a savings account that banks advertise both an interest rate and an annual percentage rate, or APY. While an account’s interest rate can give you a basic idea of ...

In essence, an interest rate is the cost of borrowing money. This "rental fee" is calculated as a percentage of the principal, or original loan amount. The interest rate determines how much you'll pay ...