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Money market funds’ net assets reached $6.4 trillion in 2023, with investors pouring a record $1.2 trillion into the funds during the year, according to the U.S. Treasury Department’s Office ...
The CME FedWatch Tool, which measures market expectations for Fed fund rate changes, projects a 72.5% chance that the Fed will cut rates to a range of 4.75% to 5.00%.
Compare current money market account rates for March 2024. Vio Bank — 5.30% APY. UFB Direct — 5.25% APY. CFG Community Bank — 5.25% APY. Quontic Bank — 5.00% APY. Sallie Mae Bank — 4.65% ...
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Typically, as the Fed rate rises, so do APYs on savings products like CDs, high-yield accounts and money market accounts — surging up to 5% and higher today to accelerate your savings.
The Federal Reserve decided for the sixth straight time to hold the benchmark interest rate unchanged at a 23-year high of 5.25% to 5.50% at its last rate-setting meeting on May 1, keeping APYs on ...
Throughout the 1990s and 2000s, the population of Columbus closely mirrored the larger U.S. population, and the city became known as a test market for new products.
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