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Stock impact report

Best Savings Rates Today -- Don't Miss Out on APYs as High as 5.55%, June 11, 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
Key takeaways You can earn up to 5.55% APY with today's top high-yield savings accounts. Experts expect the Fed will hold rates steady at this week's meeting, but it could start cutting rates as early as next month. The sooner you open a high-yield savings account, the longer you can enjoy a high APY. The Federal Reserve meets today and tomorrow for its fourth Federal Open Market Committee meeting of the year. Many experts expect the central bank will hold rates once again, largely due to the hotter-than-expected inflation reports over the last three months. “Although the economic data has been better in the recent month, it's still unlikely that the Fed will cut rates this early,” said Edward Ai , chartered financial analyst and assistant professor of finance at Wagner College. That means you still have time to earn a high annual percentage yield, or APY, with one of the top high-yield savings accounts , which boast rates as high as 5.55% -- more than 10 times the nation Show less Read more
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