A Federal Reserve official suggests lowering interest rates following weak U.S. job data, while Chair Powell awaits further inflation impact signals from tariffs.

Savings account APYs remain stable as Federal Reserve holds rates. High-yield savings and CDs offer strong returns above inflation, benefiting U.S. consumers and financial advisors alike.

Explore how elevated interest rates in mid-2025 enhance immediate annuity payouts, providing retirees age 70+ with reliable, guaranteed income amid economic uncertainty.

Mortgage application volume soared last week due to falling interest rates, with refinancing demand up significantly. Read more about the market dynamics.