From Yahoo Finance: 2025-05-05 06:00:00

Money market accounts offer high interest rates, liquidity, and flexibility. Despite falling rates, some accounts still pay more than 4% APY. Rates fluctuate due to changes in the Federal Reserve’s target interest rate. Rates rose in 2022 but dropped in 2024. As of 2025, rates are high but declining post-Fed rate cuts. Compare accounts for balance requirements, fees, and insurance coverage. The national average interest rate is 0.64%, but top MMAs pay around 4-4.5% APY.



Read more at Yahoo Finance: Earn up to 4.41% APY before the Fed cuts rates again