CINCINNATI (WKRC) — The Federal Reserve has announced a highly anticipated interest rate cut, reducing rates by a quarter of a percentage point. This marks the first rate cut of the year and is ...
CDs operate differently. They offer a fixed interest rate for a specific term, which can range from a few months to several years. In exchange for this higher, guaranteed rate, clients agree not to ...
Even with recent interest rate cuts, savers can still earn a sizable return with a high-yield savings account now.
The Federal Reserve is preparing for its September meeting, where the board may decide to cut the federal funds rate in response to rising inflation. If the Fed lowers rates, it could impact savings ...
The Federal Reserve’s interest rate moves directly impact the APYs savers earn. Rate cuts can erode consumer purchasing power. Pay close attention to Fed-related headlines for any clues regarding the ...
Get the best possible yield in a stagnant rate environment.
Focus remains on developments related to the U.S. government shutdown and any indications regarding prospects of further rate ...
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 ...