Financial Education Center

The Fed Finally Cut Interest Rates. What Could It Mean for Your Finances?

The Federal Reserve's Federal Open Market Committee (FOMC) lowered the benchmark federal funds rate one-half percentage point. It was the first rate cut since the Fed raised the funds rate aggressively from March 2022 to July 2023. The long-awaited policy shift suggests that a soft landing — the rare feat of bringing down inflation without causing a recession — is in sight.

What is CD Laddering?

CD laddering is the process of spreading cash across various CD maturity terms and rates. Learn more about CDs and laddering to elevate your savings strategy.