Find out which banks are offering the best MMA rates right now. The Federal Reserve cut the federal funds rate three times in 2024 for a total reduction of one percentage point. As a result, deposit interest rates — including money market account rates — have been falling. It’s more important than ever to compare MMA rates and ensure you earn as much as possible on your balance. A look at the best money market account rates today Although money market account rates are elevated by historical standards, ...

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It's almost here. The Federal Reserve is poised to deliver a long-awaited rate cut Wednesday. Wall Street expects a quarter-point rate cut this week — and at each of the Fed's next three meetings before the end of the year. Here's how the long-running interest rate pause has impacted deposits, credit, and debt so far. And what a rate cut could do for — or to — your money. How a rate cut affects checking and savings accounts 2025 has been a year of modest earnings on deposit accounts. A rate cut won't h ...