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Stock impact report

Best Savings Rates Today -- Now's Your Chance to Earn a High APY -- Before It's Too Late, June 6, 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 Today's top high-yield savings accounts offer APYs up to 5.55%. Experts expect the Fed to hold rates steady at its next meeting on June 11-12. Now's the time to maximize your interest earnings with a high-yield savings account because once the Fed cuts rates, your APY will likely fall, too. Savings rates remain elevated this week. Today's top high-yield savings accounts currently earn annual percentage yields, or APYs, up to 5.55% -- more than 10 times the national average . Andwith another rate hike pause likely at next week's Federal Open Market Committee meeting, experts expect savings rates to remain level for now. “With the Fed still waiting for several months of consistent disinflation data, the Fed should continue to hold rates steady at its June meeting,” said Ken Tumin, senior banking industry analyst at LendingTree. However, experts still expect rate cuts later on this year. So if you're ready to build your emergency fund or start a sinking fund , Show less Read more
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