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Banks React to Latest Fed Rate Drop

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Overnight, almost all banks offering online high-yield savings accounts dropped their interest rates in response to the Federal Reserve’s recent reduction of the short term target rate. Updated APYs are here.

Published or updated February 1, 2008. If you enjoyed this article, subscribe to the RSS feed or receive daily emails. Follow @flexo on Twitter and visit our Facebook page for more updates.

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About the author

Luke Landes, also known as Flexo, is the founder of Consumerism Commentary. He has been blogging and writing for the internet since 1995 and has been building online communities since 1991. Find out more about him and follow Luke Landes on Twitter. View all articles by .

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