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High-yield savings account rates are probably going to drop, but you have options if you want to lock in at today's rates. Read on for more information.
Economists expect the consumer inflation data to show a 0.3% month-over-month increase in December to an annual rate of 2.9%, making protecting your money's purchasing power more crucial than ever.
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 ...
While inflation is improving closer to the Federal Reserve's 2% goal, the more money you have parked in an HYSA, the greater this risk — especially in times of high inflation. You could exceed ...
Economists are keeping a close eye on inflation and labor reports amid speculation as to timing of future cuts to the Fed rate, with inflation data indicating a continued decline from a peak of 9. ...
At the conclusion of its fifth rate-setting 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% for an ...
Signs of cooling inflation paved the way for September’s first rate cut in four years, with economic data indicating a continued decline from a peak of 9.1% in June 2022 to rates that have ...
High-yield savings account rates for May 14, 2024 ... the Federal Reserve left the federal funds target interest rate at a 23-year high of 5.25% to 5.50%, marking the sixth consecutive time the ...