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Can you lose money in a high-yield savings account? Top 6 risks to watch out for
AOL· 1 day agoOffering competitive rates of up to 5% APY and higher, a high-yield savings account can be a great way to grow your savings at up to 10 times the national 0.46% average of ...
Americans were paid an additional $235 billion in interest in 2023, thanks to the Fed
CNN Business via Yahoo Finance· 6 hours agoIf you’re carrying a lot of high-interest debt, the fact that the Federal Reserve once again did not...
The Fed Might Not Lower Interest Rates in 2024. Here's What That Means for CD Rates
The Motley Fool· 7 days agoIn March, the Consumer Price Index, or CPI, grew by 3.5% over the past year, which was higher than the expectation of 3.4%. Core CPI, which excludes certain volatile items, was higher, as well ...
South Korea April Inflation at 2.9% Y/y, Lower Than Expected
US News & World Report· 2 hours agoUS News is a recognized leader in college, grad school, hospital, mutual fund, and car rankings. Track elected officials, research health conditions, and find news you can use in politics, business, health, and education.
I’m a Financial Planner: What Not To Do When Your CD Matures
GOBankingRates via Yahoo Finance· 1 day agoFor people who don't like risky investments, certificates of deposit (CDs) are often a great way to...
Fed holds interest rates steady, gives no sign it will cut soon as inflation fight stalls
USA Today· 13 hours agoWASHINGTON--The Federal Reserve held its key interest rate steady again Wednesday and gave no signal...
Analysis-Bank of Japan's Hawkish Whispers Drowned Out by Rowdy Yen Selloff
US News & World Report· 20 hours agoBOJ watchers say while the central bank's quarterly report and comments from Ueda clearly suggest consecutive rate hikes are on the table, its failure to ...
The Real Fed News: You Should Be Earning 5% or More on Your Cash
The Wall Street Journal· 1 day agoThe interest rates that banks pay are tied to the benchmark federal-funds rate, which is controlled...
What will happen to those ‘very favorable’ CD rates (ahem 5% and up) in May? 6 pros weigh in
Market Watch· 2 days ago“Lock in an attractive yield now that suits your timetable,” one pro tells us.
More Fed Officials Ready to Say Goodbye to Low-Rate World
US News & World Report· 15 hours agoInitial evidence of a change in thinking among some Fed officials came at their March meeting, when policymakers' median estimate for the longer-run federal funds rate was ...