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News Headlines - Savings Rate

If the Fed Can, So Can You: Hike Your Savings Rate | The ...
Huffington Post
By Erin El Issa, NerdWallet Savings account interest rates are at historic lows, but a new NerdWallet study has found that consumers could earn hun...

and more »

If the Fed Can, So Can You: Hike Your Savings Rate - NerdWallet
NerdWallet (blog)
A new NerdWallet study finds that consumers could earn hundreds more a year in interest — billions in total — by choosing a high-yield account.

and more »


Lower Returns Require Lots More Savings
Assuming lower-than-historical returns, high-earning households that begin saving at age 25 need to put aside 9% of earnings—counting both employers' and employees' contributions. The challenge quickly snowballs for those who start saving later on.

Washington Post

Why the Fed rate hike won't help savers any time soon
Washington Post
In the past, Fed rate increases have almost immediately led to better yields on savings accounts. The higher rates make it possible for banks and credit unions to charge more for loans, leaving them with more revenue that can be passed on to consumers ...
As Fed hikes rates, rewards of saving stay lowMyAJC
What a Fed rate hike means for youCNNMoney
What Today's Fed Rate Hike Means for Your WalletBarron's
BuzzFeed News
all 2,031 news articles »

Money Talks News (blog)

Will the Fed Rate Hike Boost Your Savings Account?
Money Talks News (blog)
The Federal Reserve System boosted the federal funds rate to a range between 0.75 and 1 percent on March 15. But don't hold your breath waiting for your bank to follow up with a bump in the interest rate it pays out on your savings account. Although ...

and more »

24/7 Wall St.

If the Fed Can, So Can You: Hike Your Savings Rate
Atlanta Journal Constitution
Savings account interest rates are at historic lows, but a new NerdWallet study has found that consumers could earn hundreds more a year in interest by ...
How a Fed Interest Rate Hike Affects Your Savings Account - 24/7 ...24/7 Wall St.

all 5 news articles »


Rising Interest Rates Aren't Going to Do Much For Your Savings Account
The Federal Reserve is widely expected to raise its key interest rate next week, and you can be sure banks will be quick to raise the rates they charge borrowers. On Thursday, Freddie Mac said mortgage rates hit a new high in 2017. But what about that ...
Today's mortgage rates and home loansNerdWallet
Compare the Best Online Refinance LendersNerdWallet

all 138 news articles »


What a Fed rate hike means for you (get ready to pay more)
The Fed's likely decision to lift the federal funds rate, which is what banks charge each other for overnight loans, will have several effects on consumers. Here's how it may impact mortgage rates, auto loans, credit cards and bank savings rates: ...

and more »

Yahoo Finance

My case for saving money — even if you don't have a reason to save
Yahoo Finance
The first idea – simple but easy to overlook – is that building wealth has little to do with your income or investment returns, and lots to do with your savings rate. Fortunes can be blown as fast as they're earned – and often are – while others with ...

Economic Times

Should small savings interest rates be cut? Find out what financial experts say
Economic Times
When the small savings rate goes above the bank deposit rate, we see an increasing flow towards small savings. This reflects in the revised Budget estimates for the current year. This means the government is paying a higher interest cost than what it ...

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