“As the Fed funds rate goes up and down, banks will readjust the rates that they pay on money market accounts to ensure that the money stays in the financial institution and doesn’t leave.

the Federal Reserve lifted that limitation during the pandemic, resulting in more flexible access to your money without penalties or fees on many accounts. For example, the Ally Money Market ...

The Fed controls one interest rate: the federal funds rate, the short-term rate banks use to borrow from each other. The ...

Money market accounts fly under the banking radar, but they have high APYs and useful features. Read on to learn more about MMAs.

The following chart breaks down which features may be provided with savings accounts and money market accounts: *The Federal Reserve removed Regulation D withdrawal limitations in 2020 that banks had ...

A money market account (MMA) is a type of bank account ... which is the target interest rate set by the Federal Reserve Board. The rate on your MMA may rise and fall along with the Fed’s rate ...

The average money market account (MMA) rate has remained fairly steady over the past week and sits at 0.58%. But if you shop ...

Today's widely anticipated Fed rate announcement will have a notable impact on savers. Here's what to expect for savings and ...

Find out how the Federal Reserve’s decision will impact all aspects of borrowing and spending ...

The Federal Reserve cut ... Low-risk ways to earn money on savings The fact that consumer interest rates haven’t fallen a lot ...

When inflation is high and the economy is in overdrive, the Fed tries to pump the brakes by discouraging borrowing. It does ...