Savings Rate and Money Market Rate Report August 2, 2016
Savings rates and money market rates remain stable in our Deposit Rate Report for August 2, 2016. There have been some rate changes since our last deposit rate report but no new highs to report. As expected, the FOMC didn't increase the fed funds rate during their meeting last week.
The next FOMC meeting is scheduled for September 20-21 but it's unlikely the FOMC will increase the rate during that meeting. Listed below are the current best savings rates and money market rates available in our database of rates.
Best Savings Account Rates August 2, 2016
Best Money Market Account Rates August 2, 2016
Average Deposit Rates for August 2, 2016
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