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What experts predict for 2024. Savings interest rates are directly tied to the federal funds rate, which closed out 2023 at a range of 5.25% to 5.50%. ... This means that once the Fed decreases ...
So, the most likely course of events is that the interest rates paid by your high-yield savings accounts and CDs will be slightly lower than they are now, but falling a little faster throughout ...
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 ...
Savings rates and high-interest accounts in the news ... policy meeting of 2024 on July 31, 2024, the Federal Reserve left the federal funds target interest rate at a 23-year high of 5.25% to 5.50 ...
At the conclusion of its seventh and penultimate rate-setting policy meeting of 2024 on November 7, 2024, the Federal Reserve announced it was lowering the federal funds target interest rate by 25 ...
Savings rates and high-interest accounts in the news ... 2024, the Federal Reserve announced it was lowering the federal funds target interest rate by 50 basis points to a range of 4.75% to 5.00% ...
Savings rates and high-interest accounts in the news ... policy meeting of 2024 on July 31, 2024, the Federal Reserve left the federal funds target interest rate at a 23-year high of 5.25% to 5.50 ...
At the conclusion of its seventh and penultimate rate-setting policy meeting of 2024 on November 7, 2024, the Federal Reserve announced it was lowering the federal funds target interest rate by 25 ...