Where should you stash your savings after the Fed rate cut?
For example, "several banks are offering high-yield savings accounts with APYs of 4.85%," which, while "down from a peak of 5% or more prior to the rate cut" is still a "relatively robust offer," said CBS News.
Despite a Fed Rate Cut, the Top Savings Accounts Are Holding Their Ground
The Federal Reserve cut interest rates by a sizable half percentage point last week. But the top savings account rate in the country is holding its ground.
Layin’ It on the Line: What the Fed rate drop will do to your retirement savings account
You’ve probably heard about the Federal Reserve’s interest rate adjustments. Maybe it even made the news with a little more excitement than you expected for what seems like an abstract economic lever.
Another big Fed interest rate cut coming? One economist says yes
Plus the week included a stop in Detroit by Lael Brainard, the director of the National Economic Council, who spoke to the Detroit Economic Club.
Are You Nearing Retirement? Here's What the Fed's Rate Cuts Mean for Your Savings
The recent interest rate cut by the Federal Reserve has raised fresh financial questions for everyone from economists to would-be homebuyers. Add Americans nearing retirement to that list.
Nearing Retirement? Here's What the Fed Rate Cut Means for You
The Fed's rate cuts are a mixed bag for anyone nearing retirement. Find out how lower rates will impact your money and what you can do about it.
What does the Fed interest rate cut mean for home buyers, sellers in Appleton, Green Bay?
The current 15- and 30-year fixed mortgage rates have dropped to 5.15% and 6.09%, respectively, according to a weekly Freddie Mac survey.
What Fed Rate Cuts Mean for Your Money
The American economy is having a bit of a crisis in 2024. Many people are finding it hard to make ends meet, with prices of things like groceries at an all-time high.
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