The Fed Paused Rate Hikes, Here’s What It Means for High-Yield Savings Accounts
The Federal Reserve took a “wait-and-see” technique to its benchmark rates of interest Wednesday, declining to either raise or lower it– here’s what that implies for high-yield savings accounts. By leaving the federal funds rate at its present variety of…
The Fed Paused Rate Hikes: Here’s What It Means for Money Market Accounts
The rate-hike time out means that yields for money market accounts (MMAs) will likely hold consistent at the highest rates we’ve seen because 2007. The top MMA rate today is 5.25%. How Fed Rate Decisions Affect MMA Rates For the…
