Given the Fed’s new forecast, savers are likely to see shifts in savings and CD rates. Here’s what the year-end outlook ...

Terry has 25 years experience in journalism and communications, reporting on a range of topics that include personal finance, telecommunications, Congress, government regulations, and criminal justice ...

The Fed’s dot plot is a chart that records each Fed official’s projection for the central bank’s key short-term interest rate ...

As widely expected, the Federal Reserve trimmed its policy rate by 25 basis points to 4.00%-4.25% on Wednesday, acknowledging a softening labor market even as inflation perked up in recent months.