Similar Stories to Lock In 5% Cds Before The Fed Starts Cutting Rates on Bing News

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:
  • Prediction: September Will Be the Last Month to Lock in a 5% CD
    Most financial experts recommend having enough cash to cover three to six months of expenses in your emergency fund. If that's too much to manage, start with $1,000. The goal is to have some money to ...
    09/10/2024 - 1:16 am | View Link
  • Lower Interest Rates Are Coming: Here's How Some Investors Stay Prepared
    As Fed rate cuts loom, Money Digest's Richard Sachek, a FINRA-licensed professional, explains how investors can position themselves for the inevitable.
    09/6/2024 - 7:51 am | View Link
  • 3 Things You Can Do With Your Money Before the Fed Starts Cutting Rates
    The Federal Reserve hasn't cut interest rates yet, but financial planners say it's not too early to start reviewing high-interest debt or too late to stash some money away at higher savings rates.
    09/2/2024 - 1:00 am | View Link
  • ‘The time has come.’ CD rates are falling, but here’s where you can still lock in 5%-and-up yields
    All this could mean that rates on CDs may decline – though there are still CDs offering 5% or higher ( see some of the best CD offers from Bankrate here). Below we talk to pros about what to expect ...
    08/29/2024 - 11:01 pm | View Link
  • Four CDs to Check Out Before a Fed Rate Cut
    The highest-yielding 3-year CD we’ve found, offered by the Federal Savings Bank, has an APY of 4.60% and a minimum opening deposit of $5,000. If you put $5,000 in the account, after five years you’d ...
    08/29/2024 - 12:00 am | View Link
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