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The national average rate for savings accounts will be 0.3 percent by the end of 2024, McBride forecasts, while predicting an average of 0.35 percent for money market accounts.
The Federal Reserve decided for the sixth straight time to hold the benchmark interest rate unchanged at a 23-year high of 5.25% to 5.50% at its last rate-setting meeting on May 1, keeping APYs on ...
What experts predict for 2024. Savings interest rates are directly tied to the federal funds rate, which closed out 2023 at a range of 5.25% to 5.50%. The FOMC approved a plan in December to cut ...
High-yield savings account rates for May 2, 2024. Today’s best savings rates are at FDIC-insured digital banks and online accounts offering yields of up to 5.55% APY with a minimum $500 opening ...
High-yield savings account rates for May 7, 2024. Today’s best savings rates are at FDIC-insured digital banks and accounts offering yields of more than 5.30% APY with a minimum $500 opening ...
High-yield savings account rates for May 3, 2024. Today’s best savings rates are at FDIC-insured digital banks and online accounts offering yields of more than 5.35% APY with a minimum $500 ...
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