Where should you stash your savings after the Fed rate cut?
For example, "several banks are offering high-yield savings accounts with APYs of 4.85%," which, while "down from a peak of 5% or more prior to the rate cut" is still a "relatively robust offer," said CBS News.
Despite a Fed Rate Cut, the Top Savings Accounts Are Holding Their Ground
The Federal Reserve cut interest rates by a sizable half percentage point last week. But the top savings account rate in the country is holding its ground.
Layin’ It on the Line: What the Fed rate drop will do to your retirement savings account
You’ve probably heard about the Federal Reserve’s interest rate adjustments. Maybe it even made the news with a little more excitement than you expected for what seems like an abstract economic lever.
Another big Fed interest rate cut coming? One economist says yes
Plus the week included a stop in Detroit by Lael Brainard, the director of the National Economic Council, who spoke to the Detroit Economic Club.
Are You Nearing Retirement? Here's What the Fed's Rate Cuts Mean for Your Savings
The recent interest rate cut by the Federal Reserve has raised fresh financial questions for everyone from economists to would-be homebuyers. Add Americans nearing retirement to that list.
The Biggest Money Move You Should Make After Fed Rate Cuts
What if the best money move after Fed rate cuts is to do nothing? See why you and your personal finances might want to stick to the plan into 2025.
What does the Fed interest rate cut mean for home buyers, sellers in Appleton, Green Bay?
The current 15- and 30-year fixed mortgage rates have dropped to 5.15% and 6.09%, respectively, according to a weekly Freddie Mac survey.
What Fed Rate Cuts Mean for Your Money
The American economy is having a bit of a crisis in 2024. Many people are finding it hard to make ends meet, with prices of things like groceries at an all-time high.
Prediction: The Fed's Massive Rate Cut Will Impact the Housing Market in These 3 Ways
The Fed just lowered interest rates, and more cuts are likely coming. Read on to see what that might do to the housing market.
Best 18-Month CD Rates for October 2024: Smart Savings, In-Between Term
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The 30-day savings rule is a money-saving technique that aims to curb impulse purchases that lead to regret. In short, it ...
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Best High-Yield Savings Accounts for October 2024
See how we rate banking products to write unbiased product reviews. The Fed recently cut interest rates for the first time in four years, which means that rates on savings accounts might drop in the ...
Here's Why I Don't Use My Health Savings Account for Medical Costs
The HSA is at a triple-tax-advantaged account for medical expenses. Find out why I'm not touching mine (for now).
‘Halifax wouldn’t let me access my savings without a valid drivers’ license – I’m 90’
A 90-year-old pensioner was refused access to his savings account at Halifax because he did not have a valid passport or ...
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Thrissur YouTubers tap their savings to build new home for Wayanad landslide survivor Sruthi
Kalpetta: Life changed in unimaginably tragic ways for Wayanad resident Sruthi in the past two months. She lost her dear ones ...
Ghana Central Bank Launches New Gold Coin to Boost Savings
Ghana has launched a new gold coin to help it manage money-market liquidity, while boosting domestic savings. The coin, made ...
6% Interest Savings Accounts: Your Complete Guide
Two banks, Digital Federal Credit Union and Mango Financial, offer 6% interest savings accounts, but they have deposit limits ...