The Wealthfront Cash Account Now Has A 0.26 APY Following A Fed Funds Rate Decrease

18 Mar    Investing News

We’re living in extraordinary times. On Sunday, March 15 the Federal Open Market Committee (FOMC) lowered the target range for the federal funds rate by 1.00% to 0%–0.25% because of concerns about the impact of the coronavirus COVID-19 on economic activity. The cut (which was the second surprise rate cut this month) occurred ahead of […]

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