The gap between high-yield and traditional savings accounts has never been wider. According to Bankrate’s latest data, the ...
Saving money is a critical part of financial planning, and finding the right savings account is just as important. One of the things to consider when choosing a savings account is how interest is ...
For the second time in three months, the Federal Reserve issued a cut to its federal funds rate on Thursday. Now at a range between 4.50% to 4.75%, the rate is down 75 basis points from where it was ...
The Federal Reserve just announced that it will lower the target federal funds rate by 0.25 percentage points to a range of 4.00% to 4.25%. It's a small rate cut that has been expected for months, so ...
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Consumer Reports explains how recent interest rate cuts by the Federal Reserve could affect finances
After a Fed rate cut, the interest rate on savings accounts usually dip as well, but that's not always the case, thanks to ...
Price increases slowed more sharply than expected in June, adding to evidence that high inflation has subsided and potentially clearing the way for the Federal Reserve to lower interest rates that ...
After soaring to a 40-year high in 2022, the rate of inflation is trending lower, which allowed the Federal Reserve to cut interest rates last year. The Fed's projections point to two more rate cuts ...
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