Fed is expected to cut rates
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Investors have been piling cash into money-market funds because of their low risk and attractive interest rates.
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Traders in the federal-funds-futures market saw an increased chance of three potential interest-rate cuts by the Federal Reserve this year, as they assessed Thursday's data on inflation and initial jobless claims.
Experts say Americans shouldn't expect a further decline in mortgage rates immediately after the Fed's September meeting.
Savings account yields are much higher than a few years ago Top rates may fall if the Federal Reserve cuts interest rates Online banks tend to offer the best yields available Rates on savings accounts are about the same versus last week.