Not everyone will be happy when the Federal Reserve begins lowering interest rates after it declares victory over inflation. Remember, there is a large but low-profile flock of folks with money who like to profit in a very old-fashioned way – savings accounts. For almost two years, these investors enjoyed the highest rates on these zero-risk bets since the turn of the century.

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BING NEWS:
  • Smart moves to make when the Fed starts cutting rates
    Over the past couple of years, the Federal Reserve aggressively raised its key interest rate to a 23-year high to beat down inflation. Now that inflation has slowed substantially and is expected to ...
    07/27/2024 - 4:59 am | View Link
  • Here are some money moves to make before the Fed starts cutting interest rates
    With interest rate cuts from the Federal Reserve on the horizon, it could be a good time to shift cash, experts say.
    07/25/2024 - 8:54 am | View Link
  • Lock in 5% CDs before the Fed starts cutting rates
    First a history lesson Before the Fed’s war on inflation began in 2022 ... Still, my quick survey of recent high-rate CDs found several offerings from institutions with California branches ...
    07/12/2024 - 9:24 pm | View Link
  • 3 Great Reasons to Open a CD Today
    Interest rates are still historically high, but that isn't the only reason you might want to open a CD right now. Read on to learn more.
    07/8/2024 - 5:00 am | View Link
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