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Expect Higher Interest Rates Through the End of 2024. Fed Blames 'Lack of Progress' on Inflation
CNET· 3 days agoFederal Reserve Chairman Jerome Powell had some sobering words for those anxiously anticipating rate...
Top CD rates today: Rates continue to be competitive — May 1, 2024
USA Today· 4 days agoCertificates of deposit (CDs) are a good option if you want a low-risk investment that will earn...
‘Income Dream Come True’: Savers Have Several Risk-Free Ways to Beat Inflation
The State· 5 days agoMany savings products and fixed-income investments are offering positive real yields — meaning that their annual percentage yield (APY) is higher than the rate of inflation ...
The Fed isn’t cutting rates, but these four banks are already paring rates on high-yield savings...
Market Watch· 4 days agoThe lowered APYs could be a signal that banks are starting to wager that many of their existing...
Top CDs Today, May 3, 2024 - National Leader Promises 5.65% Return Until August
Investopedia· 2 days agoTo combat decades-high inflation, the Federal Reserve aggressively hiked the federal funds rate between March 2022 and July 2023, raising the benchmark rate to its highest ...
Best Savings Rates Today -- APYs Remain High After Yesterday's Fed Meeting, May 2, 2024
CNET· 3 days agoThe Federal Reserve held interest rates steady for the sixth consecutive time on Wednesday,...
How the Federal Reserve impacts savings account interest rates
Bankrate via AOL· 4 days agoThese accounts won’t do much to counter high prices at the pump and grocery store, but they will...
I’m a Financial Planner: What Not To Do When Your CD Matures
GOBankingRates via Yahoo Finance· 5 days agoFor people who don't like risky investments, certificates of deposit (CDs) are often a great way to...
Top CDs May 2, 2024 - Six Deals Let You Lock in 5.40% or 5.50%—Until 2025
Investopedia· 3 days agoTo combat decades-high inflation, the Federal Reserve aggressively hiked the federal funds rate between March 2022 and July 2023, raising the benchmark rate to its highest ...
What is the typical minimum balance required for savings accounts and CDs?
Yahoo Personal Finance· 3 days agoSome types of savings accounts come with minimum balance requirements. Here’s a look at the typical...