Yahoo Finance

The Federal Reserve is expected to hold interest rates steady at its first meeting of 2025, but the central bank could lower rates later in the year.

Yahoo Finance Personal Finance Editor Molly Moorhead sits down with Wealth Host Brad Smith to break down how the Federal Reserve's decision to change rates or hold them, impacts your wallet from your savings account to your mortgage.

To watch more expert insights and analysis on the latest market action, check out more Wealth here.

This post was written by Naomi Buchanan.