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Why you should open a high-yield savings account this May
CBS News· 12 hours agoIn particular, your savings will lose buying power if it doesn't earn a return that's at least equal...
Powell says November election won’t affect Fed: 'We just don’t go down that road'
Yahoo Finance· 1 day ago“Where do you stop?” he added, saying that his own record on the issue is one that shows his ability...
No Fed Rate Cut Means Higher Mortgage Rates: Mortgage Rates for May 2, 2024
CNET· 18 hours agoThe average interest rate for a standard 30-year fixed mortgage is 7.37% today, an increase of 0.08%...
How the Federal Reserve impacts savings account interest rates
Bankrate via AOL· 2 days agoOnline banks — which are often hungry for deposits — are likely to follow suit when the Fed raises...
What is the average savings by age?
Yahoo Personal Finance· 10 hours agoOf course, this is just a general guideline — this percentage may look different for savers with different financial situations, household sizes, debt...
The Fed indicated rates will remain higher for longer. What does that mean for you?
San Francisco Chronicle· 12 hours agoMortgage rates, credit card rates, auto loan rates, and business loans with variable rates will all...
High interest rates aren’t going away anytime soon – a business economist explains why
The Conversation via Yahoo Finance· 1 day agoBased on the information I’m looking at, that is simply not going to happen. No move will occur...
The Fed Will Be Stuck On Hold Until Something Gives
Barrons.com· 19 hours agoFor Federal Reserve officials so far in 2024, “on hold” is exactly where they would like to be. Members of the Federal Open Market Committee voted...
Why Are Stocks Up Today?
InvestorPlace· 18 hours agoFederal Reserve Chairman Jerome Powell’s comments yesterday signaled that the central bank probably won’t lift interest rate hikes for the foreseeable future. Investors were ...
Cramer says inflation data is driving market action, even during a major earnings week
CNBC· 10 hours ago"We often get 'bad news is good news' moments at this point in the business cycle, but it's rarely...
