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Lawmakers slam big bank CEOs for failure to increase interest rates on savings
The Hill via AOL· 2 years agoCongressional lawmakers slammed U.S. bankers this week for not raising interest rates on savings...
3 major US banks are hiking their prime rates by 75 basis points — and are now at the highest levels...
MoneyWise via Yahoo Finance· 2 years agoThe cost of borrowing money has rapidly escalated this year. The U.S. Federal Reserve raised its...
How To Calculate Interest in a Savings Account
GoBankingRates via AOL· 1 year agoThe average savings account annual percentage yield in April 2023 is only 0.39%. This number includes low interest rates from traditional banks as well...
4 Key Signs It’s Time To Ditch Your Old Savings Account
GOBankingRates via Yahoo Finance· 8 months agoWith interest rates at a 22-year high, now is a great time to stash away your cash for a good...
Banks are paying savers again after many years of low rates
AP Finance via Yahoo Finance· 1 year agoBanks are paying up for savers' deposits in a much bigger way than they have in more than a decade,...
Fed leaves interest rates unchanged, sees borrowing costs staying higher for longer
Bankrate via Yahoo Finance· 8 months agoFederal Reserve officials left interest rates alone for the second time this year but stopped short...
Federal Reserve raises interest rate by 0.50 percentage point to curb inflation and predicts a...
USA TODAY via Yahoo Finance· 1 year agoWASHINGTON – The Federal Reserve is going slower but aiming higher. The Fed raised its key...
When to open a credit card with your bank — and when to look elsewhere
Yahoo Personal Finance· 2 months agoSorting out personal finances is never easy. So if the bank you chose for your savings account or...
Fed remains on hold, keeps forecast for three rate cuts in 2024
Bankrate via Yahoo Finance· 2 months agoThe Federal Reserve left interest rates unchanged for the fifth straight meeting and signaled that...
JPMorgan Chase boss: banking crisis is ‘not yet over’
Evening Standard via Yahoo Finance· 1 year agoJPMorgan Chase chief executive Jamie Dimon said the current banking crisis is “not yet over”, as he...
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