Previous Close | 0.0500 |
Open | N/A |
Bid | 0.0000 |
Ask | 0.2000 |
Strike | 295.00 |
Expire Date | 2024-11-22 |
Day's Range | 0.0500 - 0.0500 |
Contract Range | N/A |
Volume | |
Open Interest | 293 |
It’s gotten a lot harder to spot online savings accounts that pay 5%. Earlier this year, it was relatively easy to find high-yield savings accounts, with the benchmark federal-funds rate at its highest level in more than a decade. Since then, the Fed has cut the rate by three-quarters of a percentage point to a range of 4.5% to 4.75%.
The regional Fed bank, which has purview for the proposed merger, demanded more information from the bank as it considers whether to approve the deal.