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Even though the Fed just held rates steady, savers can still lock in healthy returns.
personal finance :: Updated on 2026-08-04 :: source - cnn business
By Jeanne Sahadi
Savers
can lock in healthy returns in Treasuries and certificates of deposit,
where rates have risen even as the Fed has left its key interest rate
unchanged. Kseniya Ovchinnikova/Moment RF/Getty Images
As it has done at every meeting this year, the Federal Reserve Open Market Committee on Wednesday decided to leave the central bank’s key overnight lending rate unchanged.
The fed funds rate normally influences – directly or indirectly – movement in the interest rates consumers earn on their savings and pay on their debts.
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