You can find original article here WealthManagement. Subscribe to our free daily WealthManagement newsletters A Commonwealth Financial Network client has filed a class action lawsuit against the firm, claiming the interest rates it paid to customers in its sweep dep
PCE inflation 2 points above target and surging oil prices push Goldman to delay rate cuts to late 2027. Goldman Sachs Asset Management now assigns a near 50% probability to a Federal Reserve rate hike in July, citing persistent inflation and a hawkish tone from new Fed Ch
Bank of America Global Research economists expect the Federal Reserveto raise interest rates three times this year due to Chair Kevin Warsh's more hawkish stance and the nation's overall economic resilience despite the Iran War. BofA revised its forecast after the Fed left
Cooling US-Iran tensions push Brent crude to $74.76, fueling bets the ECB will ease policy as the euro slides. The euro fell to a one-year low of $1.135 against the dollar Wednesday, down from $1.165 in early April. The decline follows a conditional ceasefire between the U
Kevin Warsh Makes Small but Important Changes at the Fed. Here's Why They Could Result in Significant Volatility Around Future FOMC Meetings Kevin Warsh recently held his first Federal Open Market Committee (FOMC) meeting as Federal Reserve Chairman While all eyes w
The Federal Reserve maintained interest rates at 3.5%-3.75% despite annual inflation climbing to 4.2%, driven by energy price surges. The Federal Reserve left interest rates unchanged at 3.5% to 3.75% during its June meeting, despite persistent inflationary pressures. The
Bask Bank offers the highest savings rate at 4.10% APY amid stable Fed policy in 2026 after 2025 rate reductions. High-yield savings account rates remain near 4.10% APY as of June 24, 2026, with Bask Bank leading the market. The Federal Reserve’s three rate cuts in 2025 pr
Banks raise money market account yields to 4.01% APY amid stable Fed policy in 2026, outpacing the national average of 0.57%. Several banks are offering money market account rates as high as 4.01% APY, reflecting stable Federal Reserve policy in 2026. The national average
Marcus by Goldman Sachs offers the highest 14-month CD rate at 4% APY amid broader declines in deposit account yields. Certificate of deposit rates remain elevated despite a broader decline in deposit account yields, with the top 14-month CD offering 4% APY. Marcus by Gold
Average 30-year fixed mortgage rates rise 8 basis points to 6.43%, with smaller increases in shorter-term and adjustable loans. US mortgage rates moved higher on June 24, 2026, as the 30-year fixed purchase loan increased 8 basis points to 6.43%. The 15-year fixed purchase
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