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?

Topics:  personal finance   
RELATED ARTICLES
    BING NEWS:
    • The Fed Has Lowered Rates Again. Does That Mean 2025 Mortgage Rates Will Fall?
      The Fed announced its third straight rate cut this week, also signaling that additional reductions are likely in 2025. What could this mean for future mortgage rates?
      12/20/2024 - 5:07 am | View Link
    • Fed's hawkish cut fires up rate hike debate: McGeever
      The end of the Federal Reserve's interest rate-cutting cycle is suddenly in sight, and a complete U-turn with rate hikes next year can no longer be ruled out. The Fed lowered the fed funds rate by 25 ...
      12/18/2024 - 11:29 pm | View Link
    • What Today's Fed Move—and Predictions—Mean for 2025 Savings and CD Rates
      Today's widely anticipated Fed rate announcement will impact how much you can earn on savings accounts and CDs. Here's what to expect in the new year.
      12/18/2024 - 8:40 am | View Link
    • Jobs Report Shows Pace of Hiring Slowed Sharply in June: What the Experts Are Saying
      Hence today's report will be further evidence they have work to do as job ... that we would expect the Fed to follow through with another 25-basis point rate hike in July, and make few changes ...
      07/6/2023 - 1:00 pm | View Link
    • More

     

    Welcome to Wopular!

    Welcome to Wopular

    Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

    Senh Duong (Founder)
    Wopular, MWB, RottenTomatoes

    Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

    MoviesWithButter : Our Sister Site

    More Personal Finance News