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Interest rates are at their highest point in years thanks to a series of rate hikes by the Federal Reserve, and bank customers are reaping the benefits with a spike in savings account rates. That.
Interest rates are at their highest point in years thanks to a series of rate hikes by the Federal Reserve, and bank customers are reaping the benefits with a spike in savings account rates. That.
With interest rates at their highest point in years, bank customers have flocked into certificates of deposit, high-yield savings and other accounts to get big returns on their money. But a recent.
Interest rates on savings accounts are the highest they’ve been in years. Most professional investors think banks are likely to start reducing savings rates or at best, hold rates steady in 2024.