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What Today's Fed News Tells Us About 2024 Savings and CD Rates
Investopedia· 5 days agoAs was almost universally expected, the Federal Reserve's rate-setting committee announced this...
3 savings moves to make before the next inflation report
CBS News· 12 hours agoThen again, if inflation begins to cool, the Fed could cut rates. With this uncertainty in the air,...
Why a high-yield savings account may be better than a CD this spring
CBS News· 3 days agoWhile the interest rate climate of the last two years has been largely unfavorable for borrowers,...
What will happen to interest rates on your savings this year as the Fed fights inflation?
The Sacramento Bee· 7 hours agoWhat will happen to interest rates on your savings this year as the Fed fights inflation? Though the Fed’s reaction to ongoing inflation is keeping savings rates fairly steady, the Fed is still ...
Australia Central Bank Lifts Inflation Forecasts, Assumes No Rate Cuts Until 2025
US News & World Report· 57 minutes agoAustralia's central bank on Tuesday sharply raised its outlook for headline inflation and removed any chance of a rate cut from its forecasts this year, suggesting borrowers ...
Don't Make These 3 Common Expensive Mistakes With Your CDs
The Motley Fool· 2 days agoCertificates of deposit (CDs) are FDIC-insured and generally safer than investing in stocks and ETFs. What's more, with CD rates hitting levels we haven't seen in over two ...
The Fed's Rate Pause Is Good News for Savers. Here's Why
CNET· 4 days agoInterest rates are staying put for now. This is great news for savers as annual percentage yields,...
The Single Best Strategy for Maximizing CD Profits in May 2024
The Motley Fool· 5 days agoAs we begin May, the shifting interest rate environment might be calling for a more nuanced CD strategy. If interest rates are expected to fall -- which ...
What the Fed’s continued rate pause means for homebuyers and sellers
Bankrate via Yahoo Finance· 5 days agoAs of May 1, the average 30-year rate stood at 7.39 percent, according to Bankrate’s national survey...
Highest savings rates today: Build bigger savings balances faster at 5% APY and up — May 6, 2024
AOL· 18 hours agoLook to these alternatives that offer steady returns at APYs that can outpace traditional accounts....