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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 ... the most recent last week's quarter-point drop to the Fed rate just after the ...
Savings interest rates today: Yes, you can still find APYs of up to 5.05% as 2024 draws to a close — Dec. 30, 2024 Kelly Suzan Waggoner Updated December 30, 2024 at 8:10 AM
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 ...
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 ...
Today’s highest savings rates are at FDIC-insured digital banks and online accounts paying out rates of up to 5.50% APY with a $1,000 minimum at Poppy Bank and up to 5.33% APY with no minimums ...
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