After the Fed Meeting, Seven High-Yield Savings Accounts Worth …

Jan 29, 2025 · A high-yield savings account allows you to earn a high rate of return. Unlike certificates of deposit, you can add money to these savings accounts at any time. And you can …

CouponFollow Extension

9%
OFF

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

3 weeks from now

Dec 3, 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

5%
OFF

The Fed Paused Rates. Here's What That Means For CD And …

3 weeks from now

Jan 29, 2025 · The Federal Reserve paused rates at its January meeting. Today's best savings accounts and CDs offer up APYs as high as 5%. Rate cuts are expected later this year, so …

yahoo.com

4%
OFF

Fed Meeting Recap: Powell Says Central Bank Is In No Hurry To Cut …

3 weeks from now

Jan 29, 2025 · Certain high-yield certificates of deposit and savings accounts, as well as money market funds, are offering yields exceeding 4%, and those deals may stick around a little …

nbcdfw.com

50%
OFF

How Far Will Rates Fall This Year On High-Yield Savings Accounts?

3 weeks from now

Aug 29, 2024 · The best high-yield savings accounts are paying near 20-year highs—up to 5.50%. But Fed rate cuts will soon start pushing APYs lower. A first Fed rate cut is expected in …

investopedia.com

5%
OFF

How Far Will Savings Rates Fall If The Fed Cuts Rates? Here's What ...

3 weeks from now

Apr 11, 2024 · So if a high-yield savings account currently has a 5% APY, he says, that could mean savings rates would fall to 4.25% after the three expected Fed rate cuts in 2024. Find …

cbsnews.com

35%
OFF

High-Yield Savings Account Rates Today: January 28, 2025 - Forbes

3 weeks from now

Jan 28, 2025 · On high-yield savings accounts with a minimum opening deposit of $25,000, the highest rate available today is 6.35%. You’ll be in good shape if you can find an account …

forbes.com

5%
OFF

Some Banks Are Keeping Savings Accounts Near 5% After Fed …

3 weeks from now

2 days ago · Now is a good time to open a high-yield savings account so you can grow your savings. The Federal Reserve held interest rates steady at the January 28 to 29 Fed meeting, …

businessinsider.com

7%
OFF

As Mortgage Rates Stall, Bank Account Rates Remain High After …

3 weeks from now

Oct 24, 2024 · High-yield checking accounts pay up to 7% APY and may benefit big spenders. The best high-yield checking accounts haven't seen much rate movement after the last Fed …

businessinsider.com

50%
OFF

Is It Worth Getting A High-Yield Savings Account Before The Fed …

3 weeks from now

Jan 24, 2025 · If your high-yield savings account has an APY of 4.50%, after the Fed makes its first rate cut, you can expect it to drop to 4%, according to the Motley Fool.While that's lower …

kiplinger.com

FAQs about After the Fed Meeting, Seven High-Yield Savings Accounts Worth … Coupon?

Should you reassess CDs and high-yield savings accounts before a FED rate cut?

With rates dropping, now is a good time to reassess your approach to CDs and high-yield savings accounts to make sure you get the most out of your money. Here’s what you should do about CDs and high-yield savings accounts before the Fed might cut rates again. What should savers do about CDs and high-yield accounts before a Fed rate cut? HYSAs ...

How does the FED's rate cut affect your savings account?

Here’s how it works. The Federal Reserve is expected to cut interest rates by 0.25% at the next meeting in September, and it will have an impact on your savings account. Both high-yield savings accounts and CD accounts are currently offering rates well above 4%, and in some cases, 5%, but rates won’t remain this high for very long. ...

How can savvy Savers react after the Fed cuts rates?

Here are ways savvy savers can react after the Fed cuts rates for the first time in four years. This includes keeping money in high-yield savings accounts and potentially locking in today’s high rates with CDs. ...

What if a high-yield savings account has a 5% APY?

So if a high-yield savings account currently has a 5% APY, he says, that could mean savings rates would fall to 4.25% after the three expected Fed rate cuts in 2024. Find out the best savings rates you could earn today. While many experts agree on the pace of the Fed's rate cuts, how that will affect banks isn't as straightforward. ...

Could a high-yield savings account help you grow faster?

The right high-yield savings account could help your money grow quickly — even after the Fed starts slashing rates. Getty Images The federal funds rate remains at a 23-year high of between 5.25% and 5.50%, where it's stayed for the past year. ...

Will savings rates go up or down after the December Fed meeting?

Whether or not savings rates go up, down or stay the same after the December Fed meeting depends largely on what decisions the board makes during the meeting. Here's what to expect. What happens if the Fed raises rates? At the last two meetings, the Fed has chosen to pause rates rather than raising or cutting them. ...