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Stock impact report

Best Savings Rates Today, June 10, 2024: High APYs Won't Last Forever. Snag an APY Up to 5.55% Now [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 Today's top high-yield savings accounts earn APYs as high as 5.55%. Experts expect the Fed will hold rates steady at this week's FOMC meeting on June 11-12. Opening a high-yield savings account today will allow you to maximize your interest earnings before anticipated rate cuts as soon as July. It's that time again: The Federal Reserve meets on Tuesday and Wednesday for its fourth Federal Open Market Committee meeting of the year. And, yes, it's widely expected to keep its benchmark federal funds rate at its current range of 5.25% to 5.5%. What does that mean for savings rates? There's still plenty of time to maximize your interest earnings with a high annual percentage yield, or APY. The top high-yield savings accounts earn APYs up to 5.55% -- more than 10 times the national average . So, with another rate-hike pause around the corner, savings APYs should remain elevated -- for now. Here's everything you need to know about the best savings rates this week a Show less Read more
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