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What's the Impact of Inflation on Savings Accounts?

The best high-yield savings accounts offer interest rates that beat inflation. Here’s how to find interest rates from Capital One, and online banks like Ally and more. ....

Ken Tumin , Capital One , First Internet Bank , Crescent Bank , Federal Reserve , Term Bond Fund , Buy Side , Lendingclub High Yield Savings , Vanguard Ultra Short Term Bond Fund , Short Maturity Active Bond ,

5 CD accounts earning more than 5.40% APY right now

With these CDs, you can lock in a very high rate today and earn that rate through your entire account term. ....

Crescent Bank , Sallie Mae Bank , Northern Bank , Salle Mae Bank , Getty Images , Bank Direct , Northern Bank Direct , Mae Bank ,

Best CD Rates

Here are some of the top earning CD rates for a range of term lengths. In an attempt to slow high inflation, the Federal Reserve has been continually raising interest rates since last year. In fact, at their latest meeting, the Fed decided to once again raise rates by a quarter of a percentage point. This is the 11th interest rate hike since March 2022 and brings the federal funds rate, a key overnight bank lending rate, to a target range of 5.25% to 5.5%, the highest it's been since 2001. Offic ....

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