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Related Tags: Interest rates, Fed funds futures, Fomc, Fed drops rates, Rate impact savers, Federal reserve.
As expected, the Fed dropped rates by 50 basis points (half a percent) to 1%. The idea is to make it cheaper for banks and borrowers to get money. The problem is that banks still don't want to...
Today, the Fed cut rates by 50 basis points or 1/2 percent. Savings, CD, and Money Market rates will drop as a result.
The Fed stood pat on rates today, keeping the Fed Funds Rate at 2%, despite widespread turmoil on Wall Street. Weak growth is fighting inflation to a standstill within the Fed. Savings and...
As late as Friday, it looked like a virtual lock that the Fed would keep rates at 2%. But the activity of the last couple of days has dramatically increased the odds the Fed will lower rates. If...
BestCashCow provides information on the best CD (certificates of deposit) rates, the best money market rates, the best savings rates, and more - as well as financial information that can help you make better decisions with your money.
|
Type
|
Top APY/Rate
|
Institution
|
|
4.00%
|
Dollar Savings Direct
|
|
|
2.21%
|
Vanguard
|
|
|
2.50%
|
EverBank / Umbrella Bank
|
|
|
3.15%
|
GMAC Bank
|
|
|
3.75%
|
GMAC Bank
|
|
|
3.50%
|
GMAC Bank
|
|
|
3.70%
|
MetLife Bank
|
|
|
3.80%
|
MetLife Bank
|
|
4.10% |
Acacia Federal Savings Bank |
|
|
4.50%
|
Acacia Federal Savings Bank
|
|
|
5.64%
|
US Treasury
|
|
|
3.37%
|
Northrop Grumman CU
|
|
|
3.87%
|
Western FCU
|
|
|
3.80%
|
Melrose CU
|
|
|
4.25%
|
Alliant CU
|
|
|
0.05%
|
Various brokerages
|
|
|
0.51%
|
Various brokerages
|
|
|
1.10%
|
Various brokerages
|
|
|
1.65%
|
Various brokerages
|
|
|
2.67%
|
Various brokerages
|
See more product and rate information
Where do you think Interest rates are going?
Analysis of CD, Savings, and Money Market Rate Trends.