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The Federal Reserve announced a cut to benchmark interest rates yesterday, dropping the Fed rate by 50 basis points to a range of 4.75% to 5.00% — the first time its lowered rates since March 2020.
Savings interest rates today: Best accounts still paying out up to 5.10% APY in wake of Fed cut — Nov. 13, 2024 ... compare between September and October 2024 on traditional low-interest deposit ...
The Federal Reserve announced a cut to its benchmark interest rates yesterday, dropping the Fed rate by 25 basis points to a range of 4.50% to 4.75% — the second time its lowered rates since ...
As the Fed rate rises, so do APYs on savings accounts, CDs and money market accounts — with today’s rates on the best high-yield savings accounts topping 4% APY.
As the Fed rate rises, so do APYs on savings accounts, CDs and money market accounts — with today’s rates on the best high-yield savings accounts topping 4% APY.
Saving accounts earn you interest on your balance — anywhere from a modest 1% APY with a traditional account to a lucrative 4% APY and higher for high-yield accounts — compounding what you ...