Comment on How to Make June’s Fed Rate Hike Work for Your Savings

How to Make June’s Fed Rate Hike Work for Your Savings

For the seventh time in about two years, the Federal Reserve has raised the federal funds rate. That’s good news for savers: These rate hikes are one of several factors that can prompt banks and credit unions to increase the rates they pay on savings accounts. So how high will savings rates climb in 2018?

 

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