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Federal Reserve's Interest Rate Changes: What You Need to Know
During its September meeting, the Federal Reserve made a significant move by reducing interest rates for the first time in four years. This shift indicates that high interest rates on deposits may soon be a thing of the past. With these fluctuations occurring rapidly, how can you ensure you're securing the best possible interest rate?
We keep track of daily rates from various banks and credit unions so you can feel assured when opening a new account—now might be an ideal moment to secure a competitive rate before APYs potentially drop significantly. Below are some of the leading rates available at popular banks as of Friday, November 8.
