Maximize your interest earnings as Fed begins cutting rates

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Interest Earnings,Interest Rate,Personal Savings Accounts

The Federal Reserve is on course to take Americans out of a higher-for-longer interest rate environment and begin cutting rates at the conclusion of...

The Federal Reserve is on course to take Americans out of a higher-for-longer interest rate environment and begin cutting rates at the conclusion of Wednesday's FOMC meeting. But how will this impact your interest earnings on personal savings accounts?Yahoo Finance, personal finance editor, Molly Moorhead is here now with the ways to maximize your interest earnings, Molly, what do we know?

And so with that in mind, what specific products or accounts should people consider high yield savings accounts, which are usually uh online banks, they've been paying really nice rates um for the last few years that's going to start to come down, but it's, they're still a really good place to keep your money.

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