As inflation cools, is a high-yield savings account still valuable? Here's what experts think [CBS News]
Heritage Financial Corporation (HFWA)
Last heritage financial corporation earnings: 4/30 08:00 am
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Source: CBS News
After all, the Federal Reserve may cut its target federal funds rate, which is the benchmark rate that consumer interest rates are based on, as price growth slows. And, if that happens, the rates being offered on savings accounts certificates of deposit (CDs) and other deposit accounts could fall. Chances are, though, that you want to earn the biggest return possible on your savings. And, since high-yield savings accounts typically come with variable interest rates that can change based on the Fed rate, you may be wondering whether or not these accounts are still valuable. Here's what the experts have to say on the subject. Compare top-paying high-yield savings accounts now As inflation cools, is a high-yield savings account still valuable? Here's what experts think Inflation may be cooling but prices are still up, and the inflation rate is still higher than the Fed's 2% target rate. In turn, high-yield savings accounts may continue to offer strong returns, at least for now. "
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HFWA
News
- Heritage Financial Co. (NASDAQ: HFWA) had its "market perform" rating re-affirmed by analysts at Keefe, Bruyette & Woods. They now have a $20.00 price target on the stock.MarketBeat
- Heritage Financial announces CEO succession plan [Seeking Alpha]Seeking Alpha
- Heritage Financial Announces CEO Succession Plan [Yahoo! Finance]Yahoo! Finance
- Heritage Financial Announces CEO Succession PlanPR Newswire
- Investors in Heritage Financial (NASDAQ:HFWA) have unfortunately lost 27% over the last five years [Yahoo! Finance]Yahoo! Finance
HFWA
Earnings
- 4/25/24 - Miss
HFWA
Analyst Actions
- 6/26/24 - Keefe, Bruyette & Woods
HFWA
Sec Filings
- 6/20/24 - Form 4
- 6/20/24 - Form 4
- 6/20/24 - Form 4
- HFWA's page on the SEC website