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Stock impact report

Best Savings Rates Today, Nov. 7, 2024: Score a High APY Before Rates Drop Further [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
Key Takeaways Today's top high-yield savings accounts earn APYs up to 5.25%. Experts expect the Fed to cut rates at today's meeting. Even as rates fall, you can still earn more with a HYSA than with a traditional savings account. Savings rates have been falling since the Federal Reserve cut interest rates by 50 basis points on Sept. 18. Now, the central bank is gearing up for another 0.25% cut at today's Federal Open Market Committee meeting, according to Sid Vaidya , the chief investment strategist at TD Wealth. “The [Fed] will likely go into their November meeting with a greater sense of caution,” said Vaidya. “While inflation appears to be holding steady, the October payroll report pulled back much more than expected and the election outcome remains a wild card, keeping both investors and policymakers on the edge of their seat.” There's still time to earn up to 5.25% annual percentage yield, or APY, with today's best high-yield savings accounts . But don't wait too lon Show less Read more
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