The Fed hasn't adjusted interest rates this year, and isn't expected to make a move for months. Yet today's highest CD rate is better than you could score last week.

U.S. Federal Reserve policymakers could still cut interest rates twice this year as they projected in March, San Francisco Fed President Mary Daly said on Thursday, but for now rates should remain steady to make sure inflation is on track to reach the central bank's 2% goal.

Officials at their May 6-7 meeting reaffirmed the need for a “cautious approach” given increased uncertainty over tariff policies.

Federal Reserve Bank of San Francisco President Mary Daly said monetary policy is in a “good place” to continue to bring inflation down.

Federal Reserve Governor Adriana Kugler said on Thursday she’s closely watching markets amid substantial shifts in trade policy and possible diminished investor desire to hold U.S. dollar assets.

Economist Brian Wesbury comments on how the Federal Reserve (and eventually taxpayers) are paying hundreds of billions of dollars in interest to private banks to hold money printed during massive balance sheet expansions following the 2008 crisis and COVID.