Savings Interest Rates Breakdown
This is a news story, published by Yahoo Finance, that relates primarily to The Federal Reserve news.
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highest savings account rateYahoo Finance
•Savings interest rates today, January 11, 2025 (best account provides 4.75% APY)
68% Informative
The Federal Reserve cut its target rate three times in late 2024 , which means savings interest rates are falling.
The national average savings interest rate stands at 0.42% , according to the FDIC .
The best savings rates on the market today are much higher.
The highest savings account rate available from our partners today is 4.75% APY.
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