The Fed meets eight times a year to assess the health of the US economy and vote on the federal funds rate, the rate banks ...
A year ago, the best savings rates were over 5% APY. But as inflation showed signs of cooling toward the end of the year, the ...
Just remember that CD rates don't mirror the Fed precisely. So, if lenders assume that interest rate cuts will be issued this ...
The Federal Reserve’s decision on Wednesday to keep its overnight bank lending rate where it is — following a full percentage ...
Today’s featured pick is the 5-year CD account offered by KS StateBank. This account has an APY of 4.30%. With a required ...
While you might not be able to withstand inflation's impacts directly, there are ways to cushion your money to reduce its ...
If you have idle funds you want to keep accessible, you can still put the money to work earning a great return. We lay out ...
Passbook savings accounts may also pay interest, though the rates tend to be lower than alternatives like high-yield savings accounts. Passbook savings accounts were once commonplace, but these ...
After years of low rates, high-yield savings accounts are having a moment as the Bank of England (BoE) kept interest rates at 4.75% in December. While homeowners face high mortgage rates, there is a ...
They usually offer a tiered interest rate depending on your balance. A cash management account is also like a savings/checking hybrid. You'll generally see them offered by online banks ...
The Federal Reserve is signaling it could pause additional rate cuts, and a financial literacy expert emphasizes now is the ...
According to FDIC data, the average interest rate on savings accounts is currently 0.41%. That rate is much higher than it was prior to the pandemic, but it’s far lower than what the best ...