Articles under “federal funds rate”

The Wealthfront Cash Account APY is Now 2.32% Following Fed Funds Rate Decrease

The federal funds rate may fluctuate, but our commitment is unshakable: we will continually offer the highest interest rate we can and relentlessly look for ways to reduce costs so we can pass along more savings to you, no matter what the market throws at us.

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The Fed is Poised to Lower Rates — Is This a Good Thing or a Bad Thing?

Howard Marks, Chairman of Oaktree Capital, is well known for his thoughtful letters to his investors. Today, we’re sharing his insightful letter about the Fed possibly lowering rates this week.

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Why a CD Might Not Be Your Best Choice When Interest Rates Are Dropping

Whenever interest rates decline, as they are expected to do at the end of this month, you are sure to see a slew of articles published that encourage consumers to forego immediate access to their money in favor of maintaining a higher rate of interest. Ally Bank and Goldman Sachs’ Marcus recently decided to lower the

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Ally and Marcus Lowered Interest Rates During The Same Week The Wealthfront Cash Account APY Increased: Here’s Why That Might’ve Happened

Two popular banks offering high-interest savings accounts — Goldman Sachs’s Marcus and Ally Bank — cut their interest rates by 0.1% to 2.15% and 2.1% respectively within 48 hours of Wealthfront’s cash APY going up again. So why did this happen?

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