While Federal Reserve decisions can influence savings account rates, the impact varies significantly between banks and credit unions. By understanding this relationship and actively managing your savings strategy, you can maximize your returns regardless of the current rate environment.

Market hopes for a more dovish Federal Reserve were somewhat dashed on Thursday after the world’s most important central bank downplayed the need to slash interest rates to prevent an economic slowdow...

Encouraging reports on the economy, meanwhile, helped send Treasury yields climbing in the bond market.