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: ‘These high yields are not going to last forever’: Fed’s rate hike may be the last for now — time to say goodbye to 5% on CDs and savings?

The Fed's expected 10th straight rate increase could be the final one for the time being. Here's what that means for savers. Read More...

The Federal Reserve’s interest-rate increases have been propping open a window for people to get tempting yields in turbulent times from savings accounts, certificates of deposit and other low-risk cash investments.

Now the Fed increased its benchmark rate again Wednesday. The 25-basis point increase is the central bank’s tenth straight rate hike since March 2022. The increase, which brings the rate to a range of 5%-5.25%, could also be the final increase too, some Fed watchers say.


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