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Fed’s higher interest rates do not get all the credit for lower inflation
Washington Post· 1 day agoSince beginning its war against inflation two years ago, the Federal Reserve has hiked interest...
Today's top savings account rate roundup: Earn up to 5.84% — June 14, 2024
USA Today· 2 days agoThis is a great development, to be sure, but make sure you take into account fees, customer service...
Best Savings Rates Today – APYs Remain High Ahead of Today's Fed Meeting, June 12, 2024
CNET· 4 days agoFor savers, that means it’s not too late to earn a high annual percentage yield, or APY, with one of...
Fed keeps interest rates steady, sees only one cut this year despite slowing inflation
Bankrate via AOL· 4 days agointerest debts or are in the market for a big-ticket purchase. Interest rates aren’t likely to come...
The Magic of Compound Interest Is Helping Double My Savings in One Year
CNET· 2 days agoAnyone who understands compound interest, earns it. Anyone who doesn’t understand compound interest,...
CD rates today, June 12, 2024 (up to 5.15% APY)
Yahoo Personal Finance· 4 days agoFinancial goals: CDs are...them a low-risk option. That said, if you’re saving for a long-term goal like retirement, a CD may...CDs, as they come with...
Fed decision buys more time for savers to profit from high interest rates
CNN Business via Yahoo Finance· 4 days agoIf you put it instead in a 5% high-yield account, you’ll get $500. A high-yield savings account is...
Savings expert explains how Bank of England meeting ‘could cost’ savers
Daily Express· 2 days agoSavers are being urged to “act now” ahead of the Bank of England’s Base Rate meeting next week or...
Biggest winners and losers from the Fed’s interest rate decision
Bankrate via Yahoo Finance· 4 days agoHere are the winners and losers of the Fed’s latest rate decision. 1. Savings accounts and CDs The...
June 14, 2024's top money market account rates
CNN.com· 3 days agoIf you have at least $10,000 to stash in a money market account, you could get an average APY of 0.60%, according to Curinos data. Money market accounts...