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2. The Fed rate cut: 5 ways lower rates will affect your wallet

   www.aol.com/finance/what-does-fed-rate-cut-mean...

   Banks usually react to Fed rate changes by adjusting variable interest rates on high-yield savings accounts fairly quickly. ... the APY for Chase’s basic savings account stayed at 0.01% even ...

3. Fed lowers interest rates with surprising jumbo half-point cut

   www.aol.com/finance/fed-lowers-interest-rates...

   Bankrate’s picks for the best high-yield savings accounts for September 2024 currently offer an average yield of 5.1 percent, almost nine times the national average and 500 times higher than ...

4. Savings interest rates today: Put more money in your wallet ...

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

   Savings rates and high-interest accounts in the news. Savings rates strongly correlate with the target interest rate set by the Federal Reserve, the country’s central bank. This Fed rate is the ...

5. Savings interest rates today: Fed rate pause offers time to ...

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

   High-yield savings rates for August 1, 2024. Today’s highest savings rates are at FDIC-insured digital banks and online accounts offering up to 5.50% APY with a minimum deposit at Poppy Bank and ...

6. 7 best high-yield savings accounts for Sept. 2024: Earn up to ...

   www.aol.com/finance/best-high-yield-interest...

   While some of the biggest national banks like Chase and Bank of America offer interest rates as low as 0.01%, several high-yield savings accounts (HYSAs) feature APYs of 5.00% or more.

7. How the Federal Reserve impacts savings account interest rates

   www.aol.com/finance/federal-impacts-savings...

   The fed funds rate was taken all the way down to a range of zero to 0.25 percent in March 2020 in response to the worldwide COVID-19 pandemic. But 40-year-high inflation prompted the Fed to raise ...