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Compare current money market account rates for March 2024. Vio Bank — 5.30% APY. ... Savings interest rates today: Grow your money faster than inflation with APYs up to 5.05% through the weekend ...
Current yields. From 0.25% to 4.00% or more ... Municipal money market funds generate tax-free interest at the federal level, and sometimes at the state level too. ... often match or beat money ...
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 ...
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 ...
A money market account (MMA) or money market deposit account (MMDA) is a deposit account that pays interest based on current interest rates in the money markets. [1] The interest rates paid are generally higher than those of savings accounts and transaction accounts; however, some banks will require higher minimum balances in money market accounts to avoid monthly fees and to earn interest.
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.
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