online no deposit casino bonuses 2024 usa

The federal funds rate is the rate at which banks borrow and lend reserves. The Federal Open Market Committee meets once more this year in December, and if the Fed raises rates again, money market rates will likely increase going into the new year. may need yet another interest rate hike to properly cool inflation. Money Market Account May Increase Before Dropping in 2024įederal Reserve Chair Jerome Powell continues to reiterate his hawkish position on inflation and the federal funds rate. With the Federal Reserve still fighting to get inflation down to its target 2% interest rate, expect to see these competitive money market account rates continue to stay at or near these levels for a while. Money market rates are the highest we’ve seen since 2001. Connexus Credit Union High Yield Money Market Account: Up to 4.76% APY.Quontic Bank Money Market Account: 5.00% APY.Vio Bank Cornerstone Money Market Account: 5.30% APY.First Internet Bank Money Market Savings: Up to 5.46% APY.Here are a few of the top money market accounts heading into 2024: There are currently a number of MMAs offering rates above that with reasonably low minimum balance requirements.Īnnual percentage yields (APYs) and account details are accurate as of November 17, 2023. The best money market accounts in 2024 will likely offer rates in the 4.00% range, at least for the first half of the year.

Online no deposit casino bonuses 2024 usa