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1 article in ERP & Enterprise tagged fed rate hike savings rates
SEPT
15
Savings and CD rates rise slowly after a Fed hike, typically 10-20bp within 30-60 days. Online banks like Marcus, Ally, and Discover move first. Best CD rates today: 4.25-4.75% APY 1-year, 4.00-4.50% APY on HYSAs.
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