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How the Federal Reserve impacts savings account interest rates
Bankrate via AOL· 7 days agoThe central bank mostly does so by raising or lowering the cost of borrowing money. Savings account...
Steal This Accountant's Tips for Saving $2,000 or More a Year Without Giving Up Your Daily Coffee
CNET· 23 hours agoInterest rates on high-yield savings accounts and certificates of deposit may be high, but with...
Tracker reveals gap in UK SME savings rates
Retail Banker International via Yahoo Finance· 18 hours agoThe average SME in the UK has around £75,000 of business savings. Allica Bank says SMEs are offered less than 1.6% interest on average on this balance by...
Highest savings rates today: Build bigger savings balances faster at 5% APY and up — May 6, 2024
AOL· 2 days agoToday’s best savings rates are at FDIC-insured digital banks and accounts offering yields of more than 5.50% APY with a minimum $500 opening deposit at My Banking Direct and ...
Best Savings Rates Today -- APYs Remain High After Yesterday's Fed Meeting, May 2, 2024
CNET· 6 days agoThe Federal Reserve held interest rates steady for the sixth consecutive time on Wednesday,...
This 5.18% savings account may now be UK's best buy as rival banks pull deals
Daily Express· 2 hours agoElsewhere, SmartSave's one-year fixed-rate bond pays 5.18 percent for one year, comfortably one of...
Banks withhold over £200m in savings interest from UK SMEs: Allica report
Leasing Life via Yahoo Finance· 22 hours agoAllica Bank's SME Monthly Savings Tracker monitors the average savings rates offered by major banks...
Why the best high-yield savings account may not come from a bank with a local branch
USA TODAY via Yahoo Finance· 6 days agoOkay, we’ve talked about the upsides to high-yield savings at online banks. Now, the downsides....
What's next for US interest rates?
The Week via Yahoo Finance· 19 hours agoWhat do rate hikes mean for your wallet? As Kiplinger said, "rate hikes are a blessing and a curse for consumers." When the Fed raises rates, consumers...
Analysis: Americans have spent their savings. Economists worry about what comes next | CNN Business
CNN.com· 23 hours agoThat extra cushion meant that consumers kept spending in the years that followed and the economy...
