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  2. Savings interest rates today: Highest yields of up to 5.05% ...

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    After increasing the target interest rate 11 times from March 2022 to July 2023 in an effort to combat the highest inflation in four decades coming out of the pandemic, the Federal Reserve ...

  3. Savings interest rates today: Outpace inflation with top ...

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    At the conclusion of its seventh and penultimate rate-setting policy meeting of 2024 on November 7, 2024, the Federal Reserve announced it was lowering the federal funds target interest rate by 25 ...

  4. Savings interest rates today: 'Tis the season for saving at ...

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    At the conclusion of its eighth and final rate-setting policy meeting of the year on December 18, 2024, the Federal Reserve announced it was lowering the federal funds target interest rate by 25 ...

  5. Federal funds rate - Wikipedia

    en.wikipedia.org/wiki/Federal_funds_rate

    The target federal funds rate is a target interest rate that is set by the FOMC for implementing U.S. monetary policies. The (effective) federal funds rate is achieved through open market operations at the Domestic Trading Desk at the Federal Reserve Bank of New York which deals primarily in domestic securities (U.S. Treasury and federal ...

  6. Savings interest rates today: Turn holiday downtime into high ...

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    At the conclusion of its eighth and final rate-setting policy meeting of the year on December 18, 2024, the Federal Reserve announced it was lowering the federal funds target interest rate by 25 ...

  7. Savings interest rates today: Best accounts still paying out ...

    www.aol.com/finance/savings-interest-rates-today...

    At the conclusion of its seventh and penultimate rate-setting policy meeting of 2024 on November 7, 2024, the Federal Reserve announced it was lowering the federal funds target interest rate by 25 ...