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Stock impact report

Best Savings Rates Today -- Act Now to Earn APYs as High as 5.55%, June 14, 2024 [CNET News]

Discover Financial Services (DFS) 
Last discover financial services earnings: 4/22 05:35 pm Check Earnings Report
US:NYSE Investor Relations: investorrelations.discover.com
Company Research Source: CNET News
The Fed's latest rate pause means APYs should remain attractive for a while longer. Now's the time to take advantage of high APYs because once the Fed drops rates, your APYs will likely follow suit. The Federal Reserve paused interest rates for the seventh consecutive time on Wednesday, maintaining its target federal funds rate. So, that means now's the time to move your extra funds into a high-yield savings account. Right now, the best high-yield savings accounts earn annual percentage yields, or APYs, as high as 5.55% -- more than 10 times the national average . But you should act soon to maximize your interest earnings because some experts still expect the Fed to cut rates later in 2024. Read on to learn where you can find today's top savings rates. Experts recommend comparing rates before opening a savings account to get the best APY possible. You can enter your information below to see CNET's partners' rates in your area. Today's best savings rates Here are some of Show less Read more
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