For the second time this year, the Federal Reserve on Wednesday decided to lower its key interest rate by a quarter of a percentage point.

Editor's Note: APYs listed in this article are up-to-date as of the time of publication. They may fluctuate (up or down) as the Fed rate changes. CNBC Select will update as changes are made public.

The Federal Reserve's interest rate cut will have a gradual impact on mortgages and credit card relief could be slow.

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Some saving and investing products are more sensitive to rate cuts than others. Here's how CDs, cash accounts, Treasurys and savings accounts will respond to rate cuts. Many, or all, of the products ...

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It's easy for your bank statement to fill up with small, forgettable charges that slowly chip away at your balance. Most ...