Current reports that high interest rates can benefit savers significantly if they seek out better savings accounts offering ...

Certificates of deposit: If you can afford to lock your money up for a fixed period of time (eg, 6 months, 18 months, 1 year, 3 years, etc.) FDIC-insured banks will offer you a higher return in a CD.

Here’s how the central bank’s interest rate stance influences car loans, credit cards, mortgages, savings and student loans.