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Stock impact report

The Best Savings and CD Rates This Week: Rates Hover Over 5%, but Not for Long [CNET News]

LendingClub Corporation (LC) 
Last lendingclub corporation earnings: 2/18 04:06 pm Check Earnings Report
US:NYSE Investor Relations: ir.lendingclub.com
Company Research Source: CNET News
The Federal Reserve just made its first interest rate cut in over four years, reducing the federal funds rate by 0.05%. With savings account rates expected to follow suit, now's the time to revisit where you're stashing your money. Currently, you can open a high-yield savings account with an APY as high as 5.30% and 5.00% or more for a six-month certificate of deposit . If you're working on growing your savings, now is the time to take advantage of higher rates. APYs among the top-paying banks that CNET tracks have started to decline amid talk of rate cuts, but you can still find competitive savings rates paying more than 11 times more than the national average. We'll walk you through the highest savings and CD rates below, and offer advice about how to save more even as rates continue to fall. The best savings rates this week This week, the average savings rate is 4.80% based on the high-yield savings accounts we track at CNET. Below are a few of the highest savings rates av Show less Read more
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