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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.
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. ...
While inflation has cooled significantly from its peak of 9.1% in June 2022, recent data shows some persistence, Signs of cooling inflation had paved the way for September’s first rate cut in ...
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 ...
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 ...
At the conclusion of its fourth rate-setting policy meeting of 2024 on June 12, 2024, the Federal Reserve kept the federal funds target interest rate steady at a 23-year high of 5.25% to 5.50% ...