CINCINNATI (WKRC) — The Federal Reserve has announced a highly anticipated interest rate cut, reducing rates by a quarter of a percentage point. This marks the first rate cut of the year and is ...
CDs operate differently. They offer a fixed interest rate for a specific term, which can range from a few months to several years. In exchange for this higher, guaranteed rate, clients agree not to ...
The reason why it may not pay to rush into a new loan or refinance is twofold. First, the Fed’s most recent rate cut was fairly minor in the grand scheme of things, as a 25 basis point cut isn’t going ...
The Federal Reserve is preparing for its September meeting, where the board may decide to cut the federal funds rate in response to rising inflation. If the Fed lowers rates, it could impact savings ...
Even with recent interest rate cuts, savers can still earn a sizable return with a high-yield savings account now.
The Federal Reserve just announced that it will lower the target federal funds rate by 0.25 percentage points to a range of 4.00% to 4.25%. It's a small rate cut that has been expected for months, so ...
Powell acknowledged the Federal Reserve kept purchasing mortgage-backed securities (MBS) for too long—but he’s also unsure ...
HYSAs pay out considerably higher rates on your savings than traditional accounts. Here's how to strike a balance between ...
Get the best possible yield in a stagnant rate environment.
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