Trump has demanded the U.S. central bank lower its benchmark overnight interest rate immediately by a full percentage point, a dramatic step that would amount to an all-in bet by the Fed that inflation will fall to its 2% target and stay there regardless of what the administration does and even with dramatically looser financial conditions.

The 30-year fixed mortgage rate held steady at 6.88% to end the week, down 11 basis points from last week. See today's mixed rate movements.

PFIX can act as an interest rate hedge as inflationary expectations rise. Read more on why I am recommending PFIX with a Hold rating.

Current reports that high interest rates can benefit savers significantly if they seek out better savings accounts offering over 4% yields.

Lenders are cutting rates and fighting for market share weeks after the Reserve Bank of Australia moved on interest rates.

Credit card interest rates have a major impact on debt balances. Here are three key items to know about rates now.

For context, one thing the central bank does is act as a bank for banks. And like a commercial bank pays interest on its clients deposits, the Fed pays interest on banks' reserves. Texas Republican Senator Ted Cruz has floated the idea of ending that practice and claims it could save $1.1 trillion over a decade.