Where to Get the Best Rates on Your Savings in 2021

Elizabeth Aldrich, The Motley Fool
·5 min read
Where to Get the Best Rates on Your Savings in 2021

Interest rates are at rock-bottom lows and likely to stay there for a while. The Federal Reserve pledged to keep interest rates low through 2023 after dropping the federal funds rate to zero in 2020. Interest rates on savings products dropped almost immediately in response to the Fed rate changes.