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According to the latest Summary of Economic Projections (June 2024), the members have a median expectation of just one rate cut for the latter half of 2024 and another four quarter-percent rate ...
This is why even though the federal funds rate has increased by more than 5 percentage points since the beginning of 2022, many branch-based savings accounts still pay interest rates in the 0.01% ...
High-yield savings rates for January 16, 2025. Today’s highest savings rates are at FDIC-insured digital banks and online accounts paying out rates of up to 4.75% APY with no minimums at ...
High-yield savings rates for January 7, 2025. Today’s highest savings rates are at FDIC-insured digital banks and online accounts paying out rates of up to 4.80% APY with no minimums at Jenius ...
High-yield savings rates for January 9, 2025. Today’s highest savings rates are at FDIC-insured digital banks and online accounts paying out rates of up to 4.50% APY with no minimums at Lending ...
And it's not out of the question that savings account rates will be closer to 2% by the end of 2025 than 4% like they are today. But does that mean you should ditch your savings account in 2025 ...
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