Similar Stories to How The Fed's Latest Rate Increase Will Affect Your Bank Savings on Bing News

Banking has been top of mind for many people in the wake of some surprise bank failures and moves by US regulators to boost confidence in the financial system.

Topics:  bank   
BING NEWS:
  • The Fed’s Rate Pause Is Good News for Savers. Here’s Why
    Savings account and CD rates remain high following the Fed's latest decision. Find out what that means for your savings.
    05/3/2024 - 12:04 pm | View Link
  • What Does the New Fed Rate Hold Mean for 2024 Mortgage Rates?
    The Fed announced its sixth straight rate hold yesterday and signaled that 2024 rate cuts are not on the near horizon. What could this mean for mortgage rates?
    05/2/2024 - 10:34 am | View Link
  • Fed says interest rates to stay higher for longer
    The decision raises the prospect of turmoil in international currency markets where the Japanese yen has been falling and hit its lowest rate against the dollar in 34 years on Monday.
    05/1/2024 - 5:43 pm | View Link
  • Stocks surge as Fed Chair Jerome Powell signals further rate hikes ‘unlikely’
    Traders have sharply downgraded their expectations since 2024 began, when they had expected up to six rate cuts.
    05/1/2024 - 1:31 pm | View Link
  • Americans See Money in Bank Accounts Increase
    The savings gains happened as the average interest rate on regular bank savings accounts is 0.5 percent. In some cases, at larger banks, it's as low as 0.01 percent.
    05/1/2024 - 1:06 pm | View Link
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