Bankrate on MSN

How the Federal Reserve impacts savings account interest rates

When the Federal Reserve changes interest rates, consumers feel the ripple effects in all sorts of ways. For savers, banks ...

Best High-Yield Savings Accounts for September 2025: Up to 4.46%

The highest APY available changes frequently. As of September 18, 2025, Digital Federal Credit Union offers 5.50% APY on the first $1,000 deposited. Other institutions offer up to 5.00%, according to ...

Here's why I'm keeping my high-yield savings account — even as interest rates drop

High-yield savings accounts are FDIC-insured, which means deposits are protected up to $250,000. In the rare instance that my ...

4 Reasons to Open a SoFi® Savings Account Before Interest Rates Drop

SoFi® offers a high APY, a six-month APY boost for new members, no monthly fees, and more. Here's why now is the perfect time ...

Federal Reserve Expected To Cut Rates: Here’s How You Can Lock In High Interest Savings

The Federal Reserve is preparing for its September meeting, where the board may decide to cut the federal funds rate in ...
Newsweek

Why Isn’t the Fed Cutting Interest Rates? What To Know

Stubborn inflation, a precarious job market and an economy that is yet to absorb the full impact of President Donald Trump's tariffs has put the Federal Reserve and its 12-person Open Market Committee ...
Investopedia

Americans' Bank Account Balances Are Flat. Why That's Not Alarming

Elizabeth Guevara is a journalist working to explain the world of business and economics and how it impacts your finances. She joined Investopedia in 2024 as a breaking news writer covering personal ...
The Hill

What a GOP bill banning central digital currency means for consumer banking

A proposed GOP ban on a central bank digital currency (CBDC) could pump the brakes on grand visions to reshape electronic payment access around the Federal Reserve. Republican lawmakers pushed the ban ...