Money market account rates today, January 3, 2024
Fri, Jan 3, 2025 6:13 PM

Money market account rates today, January 3, 2024

A Flip by Shubhangi Gupta
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The Federal Reserve cut the federal funds rate three times in 2024 for a total reduction of one percentage point. As a result, deposit interest rates — including money market account rates — have been falling. Top high-yield MMAs offer up to 5% APY, exceeding the 0.66% national average, with online banks and credit unions providing competitive offers.

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