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The Federal Reserve announced a cut to benchmark interest rates yesterday, dropping the Fed rate by 50 basis points to a range of 4.75% to 5.00% — the first time its lowered rates since March 2020.
The best online high-yield savings accounts. LendingClub LevelUp Savings: Up to 5.30% APY. Western Alliance High-Yield Savings Premier: 5.31% APY. BMO Alto Online Savings: 5.10% APY. Wealthfront ...
The best high-yield savings accounts require no minimum balances to earn high rates of interest. Variable APY. APYs can be fixed or variable, depending on the type of deposit account.
The best high-yield savings accounts require no minimum balances to earn high rates of interest. Variable APY. APYs can be fixed or variable, depending on the type of deposit account.
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 5% APY.
The Federal Reserve decided for an eighth — and likely final — time to hold the benchmark interest rate unchanged at a 23-year high of 5.25% to 5.50% at its last rate-setting meeting on July ...
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