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  2. 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 ...

  3. 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 ...

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

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    Get today's best rates on high-yield and ... the federal funds target interest rate by 50 basis points to a range of 4.75% to 5.00% — the first cut since the Fed began raising rates in March ...

  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: Best accounts still paying up ...

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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. Savings interest rates today: Ditch your simple savings for ...

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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 ...

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

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    “In light of the progress on inflation and the balance of risks, 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.

  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 ...