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Stock impact report

Best Savings Rates Today, Nov. 18, 2024: Don't Miss Your Moment to Earn More Money [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 The best high-yield savings accounts still earn up to 5.25% APY. Despite inflation inching higher, the Fed is still expected to cut rates next month. A high-yield savings account offers liquidity while still earning interest, so it can be a good place to keep your emergency fund. Since the Federal Reserve started cutting interest rates in September, savings rates have also taken a hit. The top high-yield savings accounts are still over 5% annual percentage yield -- more than 10 times the national average -- but experts don't anticipate high savings rates to stick around forever. The average savings rate based on banks we track is already lower than 4.5%. And despite the latest inflation uptick, a third rate cut in December isn't out of the question. That could lead rates to fall even further. So now's the time to move your savings from a traditional savings account to grow your emergency or sinking fund . Waiting could mean leaving money on the table. Today' Show less Read more
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