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While the Fed's fight against inflation is working — inflation is cooling faster than expected and is hovering near 3% now — the rates on these accounts are still high overall. But, they may not be for much longer. Should the Fed slash its benchmark rate at its upcoming meeting, schedu...
Ideally, you should be able to get a cashier's check from the bank teller the day your CD matures so you can take it to a new bank with a better rate. Make sure they do not close the account then send you a check in the mail as they can delay the check for many days and coll...
After that, if you can, put money you don't need in the near future in investments for long-term goals and retirement planning.What to Look for in a Savings AccountThere are a few things you want to have in an online savings account:...
With inflation cooling, the Federal Reserve cut the interest rate by 50 basis points at its meeting on September 18th, 2024, and it has hinted at further rate drops in the near future.The Fed’s decision to begin cutting rates can indirectly lower the yields of money market accounts, as ...
While the Fed's fight against inflation is working — inflation is cooling faster than expected and is hovering near 3% now — the rates on these accounts are still high overall. But, they may not be for much longer. Should the Fed slash its benchmark rate at its upcoming meeting...
While the Fed's fight against inflation is working — inflation is cooling faster than expected and is hovering near 3% now — the rates on these accounts are still high overall. But, they may not be for much longer. Should the Fed slash its benchmark rate at its upcoming meeti...