The Federal Reserve's prime rate affects the interest you pay on your credit card. Learn more about the prime interest rate for credit cards in this guide.

If you have an existing fixed-rate loan, a change in the prime rate won’t affect your current interest rate or payments. But it will affect the rates of any new fixed-rate loans you take out.

The Federal Reserve opted to leave its benchmark interest rate unchanged in its first policy meeting since President Trump's ...

The Fed’s perfect-world inflation target is an annual rate of 2%. The current ... to get that high-interest debt under ...

Evan Coleman is an Updates Editor on the Credit Cards and Travel Rewards team at Forbes Advisor, showcasing his interest in personal finance and love of travel. He has written for a variety of ...

Now, here's why all of this matters to those of us who aren't ... What is the Fed prime rate today? The federal funds rate affects the prime rate, which is the interest rate banks charge consumers ...

An interest rate can be thought of as the cost of borrowing money, or the income you earn on saved money. Many or all of the products featured here are from our partners who compensate us.