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    10x
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    14,000
BANKS & CREDIT UNIONS ANALYZED
    2MM+
BANK RATES TRACKED
Federal Reserve Maintains Rates at 5.25% to 5.50% Target, Refuses to Guide When It May Cut
"The US Federal Reserve concluded its first 2-day Fed Open Markets Committee meeting of 2024 holding interest rates at the current 5.25 to 5.50% target, as expected. The Fed funds target rate has been at this level since July 2023. There has been substantial improvement in curbing inflation, but there remains concern that the decline may not be anchored and could reverse.With the economy and the consumer so strong, there remains a risk of price - wage spiral inflation where consumers continue to drive up the price of goods "
3 Simple Reasons to Never Ever Buy a Brokered Certificate of Deposit
"On and off from February to May of 2023, US financial markets witnessed something that they ordinarily do not experience. We saw 1-year and 18-month brokered CDs rise to levels that were competitive with 1-year or 18-month online CDs, as some of the nation's largest banks raced to quickly fortify their balance sheets in the wake of the failures of Silicon Valley Bank, Signature Bank and Republic Bank. For many depositors - especially high net worth depositors with lots of money in brokerage accounts - these products "

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