Federal Reserve, Interest Rate, Interest Rate Cut, Savings accounts, High-Yield Savings, Personal Finance Insider, PFI Tools, PFI-XAMP, PFI Bankrate, PFI GOBankingRates,

The Fed has lowered interest rates for the first time since the depths of the Great Recession, but it’s still a great time to save money

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MANDEL NGAN/Contributor/Getty The Federal Reserve announced on Wednesday that it would cut interest rates for the first time in a decade. The cut brings the range for the benchmark interest rate to between 2% and 2.25% Americans will likely see the annual percentage yield (APY) on their savings accounts decrease, but there’s no reason to pull […]

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