pwshub.com

Get Ready for Interest Rate Cuts Amid Inflation's Continued Chill

Article updated on Sep 11, 2024

Inflation data shows smallest increase since February 2021, strengthening expectations that the Fed will cut rates next week.

Why You Can Trust CNET Money

Our Experts

Tiffany ConnorsKelly Ernst

Written by 

Tiffany Connors

Tiffany Wendeln Connors is a senior editor for CNET Money with a focus on credit cards. Previously, she covered personal finance topics as a writer and editor at The Penny Hoarder. She is passionate about helping people make the best money decisions for themselves and their families. She graduated from Bowling Green State University with a bachelor's degree in journalism and has been a writer and editor for publications including the New York Post, Women's Running magazine and Soap Opera Digest. When she isn't working, you can find her enjoying life in St. Petersburg, Florida, with her husband, daughter and a very needy dog.

See full bio

Edited by 

Kelly Ernst

Kelly is an editor for CNET Money focusing on banking. She has over 10 years of experience in personal finance and previously wrote for CBS MoneyWatch covering banking, investing, insurance and home equity products. She is passionate about arming consumers with the tools they need to take control of their financial lives. In her free time, she enjoys binging podcasts, scouring thrift stores for unique home décor and spoiling the heck out of her dogs.

See full bio

CNET staff -- not advertisers, partners or business interests -- determine how we review the products and services we cover. If you buy through our links, we may get paid.

Reviews ethics statement

Our Experts

Tiffany ConnorsKelly Ernst

Written by 

Tiffany Connors

Tiffany Wendeln Connors is a senior editor for CNET Money with a focus on credit cards. Previously, she covered personal finance topics as a writer and editor at The Penny Hoarder. She is passionate about helping people make the best money decisions for themselves and their families. She graduated from Bowling Green State University with a bachelor's degree in journalism and has been a writer and editor for publications including the New York Post, Women's Running magazine and Soap Opera Digest. When she isn't working, you can find her enjoying life in St. Petersburg, Florida, with her husband, daughter and a very needy dog.

See full bio

Edited by 

Kelly Ernst

Kelly is an editor for CNET Money focusing on banking. She has over 10 years of experience in personal finance and previously wrote for CBS MoneyWatch covering banking, investing, insurance and home equity products. She is passionate about arming consumers with the tools they need to take control of their financial lives. In her free time, she enjoys binging podcasts, scouring thrift stores for unique home décor and spoiling the heck out of her dogs.

See full bio

CNET staff -- not advertisers, partners or business interests -- determine how we review the products and services we cover. If you buy through our links, we may get paid.

Reviews ethics statement

Why You Can Trust CNET Money

Alexander Marc Duering/Getty Images

Tiffany Connors

Written by

Tiffany Connors

Editor

Tiffany Wendeln Connors is a senior editor for CNET Money with a focus on credit cards. Previously, she covered personal finance topics as a writer and editor at The Penny Hoarder. She is passionate about helping people make the best money decisions for themselves and their families. She graduated from Bowling Green State University with a bachelor's degree in journalism and has been a writer and editor for publications including the New York Post, Women's Running magazine and Soap Opera Digest. When she isn't working, you can find her enjoying life in St. Petersburg, Florida, with her husband, daughter and a very needy dog.

Source: cnet.com

Related stories
3 days ago - Dragon Claws / Getty Images Key Takeaways You can earn up to 5.25% APY with today’s best CDs. The Fed is...
1 week ago - Key Takeaways You can earn up to 5.25% APY with today’s best CDs. With a Fed rate cut looming, banks are slashing APYs. Opening a CD now locks in...
6 days ago - Rapidly falling APYs make now the time to open a CD if you want to maximize your earnings.
17 hours ago - With interest rates poised to drop following the Fed news, these savings accounts and CDs will boost your interest earnings.
1 month ago - New data show inflation fell below 3% in July. That's good news if you've been waiting for mortgage rates to fall before refinancing your home loan.
Other stories
35 minutes ago - Experts at the Netherlands Institute for Radio Astronomy (ASTRON) claim that second-generation, or "V2," Mini Starlink satellites emit interference that is a staggering 32 times stronger than that from previous models. Director Jessica...
35 minutes ago - The PKfail incident shocked the computer industry, exposing a deeply hidden flaw within the core of modern firmware infrastructure. The researchers who uncovered the issue have returned with new data, offering a more realistic assessment...
35 minutes ago - Nighttime anxiety can really mess up your ability to sleep at night. Here's what you can do about it right now.
35 minutes ago - With spectacular visuals and incredible combat, I cannot wait for Veilguard to launch on Oct. 31.
35 minutes ago - Finding the perfect pair of glasses is difficult, but here's how to do so while considering your face shape, skin tone, lifestyle and personality.