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CD rates today, February 8, 2025 (best account provides 4.40% APY)
The Federal Reserve cut its federal funds rate three times in 2024, so now could be your last chance to lock in a competitive CD
CD rates today, February 7, 2025 (up to 4.40% APY return)
If you’re looking for a secure place to store your savings, a certificate of deposit (CD) may be a great choice. These accounts often provide
Money market account rates today, February 8, 2025 (best account provides 4.75% APY)
The Federal Reserve recently began cutting the federal funds rate. As a result, deposit rates — including money market account rates — have started falling.
Rates tick up after jobs report
Most mortgage rates have inched up today. According to Zillow, the 30-year fixed mortgage rate has increased by three basis points to 6.57%, and the
Trump, and home buyers, could get their wish for lower mortgage rates — if markets cooperate
The president’s focus on the 10-year Treasury yield is part of Trump’s efforts to bring down mortgage rates, a promise during his campaign. Source link
Rising Rates Make Big Companies Even Richer
The Fed raised interest rates to slow the economy—but at some big companies, the moves had the opposite effect, boosting profits and spending power. Source
Why Central Bankers Are Unsure Whether They've Raised Rates Enough
At Jackson Hole, they expressed an uneasy optimism about whether rates have reached a summit in the battle against inflation. Source link
Why the Era of Historically Low Interest Rates Could Be Over
Higher productivity and increased deficits could raise the “neutral” rate of interest, limiting Fed cuts. Source link
Higher Interest Rates and Sluggish Economy Fuel European Bankruptcies
EU bankruptcies surge to the highest level since 2015, nudged by the end of pandemic-era aid. Source link
Some Fed Officials Are Turning Cautious about Raising Rates Too High
Central bank officials face a puzzle as inflation slows, but economic activity is firmer than anticipated. Source link