The Federal Reserve just held off on another interest-rate hike, and the race is on for people trying to get the tip-top yields on their cash.
Since March 2022, the central bank has been on a parade of interest-rate increases to quell inflation. The target range for the Fed’s key interest rate now sits at 5.25% – 5.50%, the highest it’s been in two decades. The Fed paused once before in June and raised another 25 basis points in July.
The…
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