What the Fed’s December Rate Decision Means for Savings and CDs

May 29, 2024 · The catch, of course, is that banks can change their savings account rates at any time. When the Fed starts to cut rates, savers who want to earn the most interest will have to …

CouponFollow Extension

9%
OFF

Federal Reserve Cuts Rates: What It Means For Savings Accounts ...

1 week from now

Nov 7, 2024 · Why the Fed cut rates. In 2022, inflation was high, at one point surpassing 9% — the highest inflation rate seen in almost four decades. To combat this, the Fed started to raise …

wsj.com

25%
OFF

What The December 2022 Fed Rate Hike Means For High-Yield …

1 week from now

May 28, 2024 · A series of rate hikes from the Federal Reserve—including a 0.5 percentage poin t increase on Wednesday—has left its benchmark federal-funds rate rate in a range of 4.25% to …

wsj.com

80%
OFF

Traders Bet On Fed December Rate Cut After Inflation Data - U.S.

1 week from now

Nov 13, 2024 · Short-term interest-rate futures contracts were pricing an 80% chance of a Fed rate cut, to the 4.25%-4.5% range, in December, up from about 60% before the data.

usnews.com

5%
OFF

What To Do With Your Savings Before The Fed's Meeting Next Week

1 week from now

Oct 30, 2024 · With a Fed rate cut likely coming, a CD rate lock is very smart right now. Choose from a dozen short-term offers paying 5% and up, or CDs that guarantee 4% or more for 2–5 …

investopedia.com

45%
OFF

Markets Think The Odds Of A Fed Pause In December Are Rising

1 week from now

1 day ago · Traders see a 45% chance the Fed pauses rate cuts in December, up from 17% last week. ... The Fed's next policy decision will be delivered at the conclusion of its meeting on …

businessinsider.com