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Lock in today's best rates in ... the Federal Reserve kept the federal funds target interest rate steady at a 23-year high of 5.25% to 5.50%, marking the seventh consecutive time the Fed's held ...
Pulling back on rate changes over the past year reveals a drop on the rate for traditional savings accounts with increases on yields for CDs of 3, 6 and 36 months between August 2023 and July 2024.
At the conclusion of its fourth rate-setting policy meeting of 2024 on June 12, 2024, the Federal Reserve kept the federal funds target interest rate steady at a 23-year high of 5.25% to 5.50% ...
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