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How the Federal Reserve impacts savings account interest rates
Bankrate via AOL· 2 weeks ago“Every bank could be a little different on this in terms of what their pressures are,” says Betty...
Struggling to Build Savings? These Accounts Can Maximize Your Money
CNET· 3 hours agoMarguerita Cheng, CEO of Blue Ocean Global Wealth, acknowledges that even though experts recommend...
Best CD rates today: Don't miss today's top APYs ahead of week's inflation news — May 13, 2024
AOL· 8 hours agoTypically, as the Fed rate rises, so do APYs on savings products like CDs, high-yield savings...
Biggest winners and losers from the Fed’s interest rate decision
Bankrate via Yahoo Finance· 2 weeks agoThe cost of a home equity line of credit (HELOC) should remain flat since HELOCs stay aligned with...
A 100-year CD brings new meaning to the concept of long-term investing. Is it a good idea?
USA TODAY via Yahoo Finance· 24 minutes agoThe financial institution is offering a100-year Local Impact Certificate of Deposit (CD) paying a fixed 4.75% annual interest rate. The CD is open to anyone ...
The case for forever high interest rates
Reuters· 11 hours agoIf financial markets are right, interest rates won't just stay high this year, but possibly forever. Huge investment needs, whether climate or military,...
9 Things You Really Need to Know Before Investing in I Bonds
MediaFeed via AOL· 2 weeks agoSeries I Savings Bond rates are set to change on May 1, 2024, when the new rates will be announced....
Treasury Unveils New I Bond Rate of 4.28%—But Your Bond May Pay Much Less
Investopedia· 2 weeks agoToday's headline rate of 4.28% applies to newly purchased I bonds. For bonds you already own, your...
Fed holds interest rates steady, gives no sign it will cut soon as inflation fight stalls
USA TODAY via Yahoo Finance· 2 weeks agoThe upshot: Americans will continue to grapple with higher borrowing costs for mortgages, credit...
Can I buy I bonds as a gift for someone else?
USA Today· 4 days agoWhile it may be easy to slip a few bills in a card, you could do one better by gifting a savings bond. Savings bonds may be considered ...