After the Fed meeting, what should you expect from your savings rates?
After the Fed cut rates three times in the second half of 2024, savings account interest rates started falling, and it doesn't look like that will change anytime soon. But that doesn't mean you're out of opportunities to earn.
Business Insider's senior personal finance reporter, Jennifer Streaks, explains what the Fed's latest decision means for your savings, how to lock in a high rate before they slip further, and why high-yield savings accounts are still worth your time.
The Best High-Yield Savings Accounts Right Now
More from Personal Finance
After the Fed cut rates three times in the second half of 2024, savings account interest rates started falling, and it doesn't look like that will change anytime soon. But that doesn't mean you're out of opportunities to earn.
Business Insider's senior personal finance reporter, Jennifer Streaks, explains what the Fed's latest decision means for your savings, how to lock in a high rate before they slip further, and why high-yield savings accounts are still worth your time.
The Best High-Yield Savings Accounts Right Now