CNET10d
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 ...
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 Supra10d
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 ...
CNBC4d
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.
Yahoo Finance11d
Fed rate cut: How it affects your bank accounts, loans, credit cards, and investments
In many ways, gauging the impact of the Federal Reserve lowering interest ... A negotiable order of withdrawal account is an interest-bearing bank account that’s hard to find these days.
Yahoo Finance11d
What is the Federal Reserve?
Each regional reserve bank helps facilitate funds transfers ... Individuals can not have accounts with the Federal Reserve, but in a way, the money in the Fed is ours. That's because financial ...
The Federal Reserve expects to cut rates more slowly in 2025. Here's what that could mean for you
The Federal Reserve’s third interest rate cut of the year will likely have consequences for debt, savings, auto loans, ...
Business Insider10d
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 ...