Savings Account Federal Funds Interest Rates

How the Federal Funds Rate Affects Savings Account Interest

This morning I received an email from Wealthfront, where I opened a savings account to take advantage of their industry-leading (as far as my research showed) 2.57% interest rate, no fee savings account. The email stated that because of a recent change to the federal funds rate, they APY for my savings account (similar to …

How the Federal Funds Rate Affects Savings Account Interest Read More »