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21 Jan 2020 With another bank cutting rates on savings accounts last week, and interest rates low, savers are taking a hit. But a slightly better deal can see 1 Oct 2013 The average savings account has a measly 0.06% APY (annual percentage yield , or interest), and many of the nation's biggest banks pay rates You may have noticed that interest rates on loans and savings accounts can change On the other hand, if inflation is high and prices are rising too fast, the Fed 30 Oct 2019 These Fed interest rate cuts are starting to add up, lowering costs for And while falling rates aid borrowers, they also nudge down bank savings rates that Good news for homebuyers:US home prices rise in August but cool
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