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Savings interest rates today: 'Tis the season for saving at 10x the national average (up to 5.05% APY) — Dec. 23, 2024
12-month (1 year) CD. 1.84%. 1.81%. Up 3 basis points. 24-month (2 year) CD. 1.52%. 1.48%. ... interest rates on savings accounts are variable — meaning rates can fluctuate after you open one ...
Savings interest rates today: Best accounts still paying up to 5.05% APY after quarter-point Fed cut — Dec. 19, 2024
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.
While HYSAs offer significantly higher interest rates than a regular savings account, returns pale in comparison to the potential gains from long-term investments like stocks, bonds or mutual funds.
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 ...
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