Us Savings Rate 2024. However, the federal reserve maintains their projection that there will be three interest rate cuts in 2024, reducing the federal funds rate to a range of 4.5% to 4.75%. Bankrate's experts have identified the highest savings account interest rates from top banks to help you maximize your earnings.

Economy have turned negative, suggesting that american households fully spent their. At one point in early 2024, economists forecasted an interest rate cut after the federal reserve indicated it would cut the rate multiple times this year.