Reported about 18 hours ago
With the Federal Reserve maintaining its key interest rate amidst rising inflation expectations due to tariffs, it's crucial for savers to seek better returns on their cash savings. Options include online high-yield savings accounts, money market accounts, and municipal bonds, which can offer significantly higher yields compared to traditional banks. For longer-term savings, Treasury bills and certificates of deposit present advantageous rates. Despite the Fed's inaction on rate cuts, managing debt wisely remains critical as borrowing costs remain high.
Source: YAHOO