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  2. Savings interest rates today: Highest yields at 5.10% APY as ...

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    At the conclusion of its sixth rate-setting policy meeting of 2024 on September 18, 2024, the Federal Reserve announced it was lowering the federal funds target interest rate by 50 basis points to ...

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

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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. 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 ...

  5. Savings interest rates today: Highest yields of up to 4.75% ...

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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 ...

  6. Savings interest rates today: Expecting a tax refund? Here's ...

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    At the conclusion of its first rate-setting policy meeting of the year, on January 29, 2025, the Federal Reserve announced it was leaving the federal funds target interest rate at 4.25% to 4.50% ...

  7. What Is the Federal Funds Rate? See the Current Rate, How It ...

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    Find out how history affects today's rates and what it means for you. ... the committee decided to lower the target range for the federal funds rate by 1/2 percentage point to 4.75% to 5%,” he said.

  8. Savings interest rates today: Take a leap into lucrative ...

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    Get today's best rates on high-yield and traditional ... the Federal Reserve announced it was lowering the federal funds target interest rate by 50 basis points to a range of 4.75% to 5.00% ...

  9. Savings interest rates today: Put your money to work with ...

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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 ...