The Wealthfront Cash Account Now Has a 3.50% APY
On Wednesday, October 29, the Federal Open Market Committee (FOMC) lowered the target range for the fed funds rate by 0.25%. As we’ve written about in the past, the fed funds rate is a direct input to the Cash Account Annual Percentage Yield (APY). As a result of the Fed’s decision, the new APY is […] The post The Wealthfront Cash Account Now Has a 3.50% APY appeared first on Wealthfront Blog.
On Wednesday, October 29, the Federal Open Market Committee (FOMC) lowered the target range for the fed funds rate by 0.25%. As we’ve written about in the past, the fed funds rate is a direct input to the Cash Account Annual Percentage Yield (APY). As a result of the Fed’s decision, the new APY is […]
The post The Wealthfront Cash Account Now Has a 3.50% APY appeared first on Wealthfront Blog.
Share
What's Your Reaction?
Like
0
Dislike
0
Love
0
Funny
0
Angry
0
Sad
0
Wow
0
