Fed Rate Cut: How It Impacts Your Savings
Update: 2025-12-10
Description
Fed Expected to Cut Rates: What It Means for Your SavingsThe Federal Reserve is set to announce a quarter-point rate cut, which may slightly lower your savings account APY. Banks often adjust their yields in response to Fed decisions. Despite the expected dip, top high-yield savings accounts could still offer rates in the upper three percent to mid-four percent range. Its a good time to compare your current rate with top accounts to ensure your savings are working as hard as they could be.
The Daily News Now! — Every city. Every story. AI-powered.
Hosted on Acast. See acast.com/privacy for more information.
Comments
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
x
