Discover how banks set loan interest rates, from Federal Reserve policies to market trends and borrower creditworthiness, for better financial decisions.

Trump repeated his call for lower rates after the investigation became public. “Jerome ‘Too Late’ Powell should cut interest rates, MEANINGFULLY!!!” Trump said in a social media post on Tuesday. The probe appears to center on Powell’s testimony to Congress last year about a multi-billion-dollar office renovation project.

The Federal Reserve will meet later this month to make a decision on interest rates. But the latest inflation report is likely to make the central bank cautious about additional rate cuts.

Even if interest rates fall in 2026, the right bank accounts can still protect your cash, flexibility, and peace of mind.

The highest money market account rate available today is 4.22% Changes from the Fed or your bank can quickly change money market rates Online banks typically offer the most competitive yields on the market Current Money Market Rates The current average money market rate is 0.

Interest rates set by the Bank of England should continue to fall as inflation is likely to settle ​around the central bank's 2% target soon, BoE policymaker ‌Alan Taylor said on Wednesday.