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  2. High-yield savings rates for September 18, 2024 - AOL

    www.aol.com/finance/savings-interest-rates-today...

    At the conclusion of its fifth rate-setting policy meeting of 2024 on July 31, 2024, the Federal Reserve left the federal funds target interest rate at a 23-year high of 5.25% to 5.50% for an ...

  3. Best CD rates for September 18, 2024 - AOL

    www.aol.com/finance/best-cd-rates-today-outsmart...

    At the conclusion of its fifth rate-setting policy meeting of 2024 on July 31, 2024, the Federal Reserve left the federal funds target interest rate at a 23-year high of 5.25% to 5.50% for an ...

  4. History of Federal Open Market Committee actions - Wikipedia

    en.wikipedia.org/wiki/History_of_Federal_Open...

    The effective federal funds rate over time, through December 2023. This is a list of historical rate actions by the United States Federal Open Market Committee (FOMC). The FOMC controls the supply of credit to banks and the sale of treasury securities. The Federal Open Market Committee meets every two months during the fiscal year.

  5. Federal funds rate - Wikipedia

    en.wikipedia.org/wiki/Federal_funds_rate

    The interest rate that a borrowing bank pays to a lending bank to borrow the funds is negotiated between the two banks, and the weighted average of this rate across all such transactions is the effective federal funds rate. The Federal Open Market Committee regularly sets a target range for the federal funds rate according to its policy goals ...

  6. When’s the next Federal Reserve meeting? What to expect - AOL

    www.aol.com/finance/when-is-next-fed-meeting...

    September FOMC meeting recap: Fed lowers benchmark rate for first time since March 2020. At the conclusion of its sixth rate-setting policy meeting of 2024 on September 18, 2024, the Federal ...

  7. Federal Open Market Committee - Wikipedia

    en.wikipedia.org/wiki/Federal_Open_Market_Committee

    The Federal Open Market Committee (FOMC) is a committee within the Federal Reserve System (the Fed) that is charged under United States law with overseeing the nation's open market operations (e.g., the Fed's buying and selling of United States Treasury securities). [1] This Federal Reserve committee makes key decisions about interest rates and ...

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