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best money market account rates todayYahoo Finance
•Business
Business & Economics
Best money market account rates today, May 16, 2024 (up to 4.41% APY return)

69% Informative
Federal Reserve cut the federal funds rate three times in 2024 for a total reduction of one percentage point.
The national average rate for MMAs is just 0.63% , according to the FDIC .
Top high-yield money market accounts offer well over 4% APY — more than six times the national average.
Money market accounts are considered low-risk, FDIC -insured up to the standard $ 250,000 per depositor.
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