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How Fed rate cuts impact your bank accounts, loans, credit cards, and investments
Yahoo Finance· 2025-09-21 16:39
The Federal Reserve just delivered a long-awaited quarter point rate cut this week. But what does that actually mean for your money. It can affect everything from your bank accounts to loans to credit cards and even your investments.I'm joined now by Yahoo Finance personal finance editor Casey Bond to break it all down. So Casey, let's start with the basics here. How does a Fed rate cut affect checking and savings accounts.>> Sure. Well, checking and savings account rates are set by individual financial ins ...
X @Investopedia
Investopedia· 2025-09-13 12:00
You can still earn a 4–5% return with today’s best savings accounts, money markets, CDs, and Treasuries. But with Fed cuts looming, you may want to make your move now. https://t.co/qzqswLd6m0 ...
X @Investopedia
Investopedia· 2025-09-03 15:00
Savings accounts for kids are quietly offering the most eye-popping rates—up to 10.38%. Find out how these standout offers work and where they’re available. https://t.co/EGeAmW6Pe2 ...
How the Fed's interest rate decision affects your money, mortgage rates, and credit card debt
Yahoo Finance· 2025-06-28 00:30
Well, Federal Reserve officials are split on whether an interest rate cut in July is on the table depending on whether the FOMC holds rates steady or reduces the benchmark rate. What does that outcome mean for your everyday finances. Here to explain and discuss further, we've got Rob Conzo, who is the Wealth Alliance CEO.Rob, good to have you here with us. How does the Fed's benchmark rate affect people's personal finances. Great to be with you, Brad.Um, it's a very misunderstood rate. It's the red the rate ...