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The Federal Reserve announced a cut to benchmark interest rates yesterday, dropping the Fed rate by 50 basis points to a range of 4.75% to 5.00% — the first time its lowered rates since March 2020.
Savings interest rates today: Yes, you can still find APYs of up to 5.50% post–Fed cut (for now) — Sept. 23, 2024 Kelly Suzan Waggoner Updated September 23, 2024 at 5:10 AM
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