What Today's Fed Move—and Predictions—Mean for 2025 Savings and CD Rates
Today's widely anticipated Fed rate announcement will impact how much you can earn on savings accounts and CDs. Here's what ...
CNET13d
The Fed Cut Rates Again. Will APYs for Savings Accounts and CDs Continue to Drop?
A certificate of deposit is a deposit account that offers a fixed rate for a specific time, or term. In exchange for fixed ...
The Associated Press - Business News on MSN13d
The Fed expects to cut rates more slowly in 2025. What that could mean for mortgages, debt and more
The Federal ... of these accounts offer yields at or near 5%. “Yes, you’ve missed the peak rates seen a few months ago," ...
CNBC7d
Understanding the federal funds rate: What it is and how it affects your wallet
The Federal Reserve sets the federal funds target ... For example, the Western Alliance Bank High-Yield Savings Account, CNBC Select's choice for earning a high APY, offers 4.50% APY.
If interest rates remain ‘higher for longer,' the winners are those with cash accounts
The Federal Reserve indicated a slower pace of interest rate cuts in 2025. Savers with high-yield savings and other cash-like ...
JD Supra13d
9th Circuit: Appellate listens to Fed of SF’s account denial
On December 4, the U.S. Court of Appeals for the Ninth Circuit heard oral arguments in an appeal of a district court’s decision upholding the ...
Yahoo Finance13d
Fed rate cut: How it affects your bank accounts, loans, credit cards, and investments
The Federal Reserve's interest rate decisions can directly ... A negotiable order of withdrawal account is an interest-bearing bank account that’s hard to find these days. Learn more about ...
Business Insider13d
What is the federal funds rate?
The Federal Reserve lowered the federal funds rate ... These regulations ensure that a bank's account holders always have ready access to their money. If banks are short on funds to maintain ...
Business Insider13d
Understanding the Federal Reserve's Role in Mortgage Rates
Here's what to know about this bank and how it ... including savings accounts and Certificates of Deposit, usually rise, too. How often does the Federal Reserve meet? It indicates an expandable ...