$80,000 CD vs. $80,000 high-yield savings account vs. $80,000 money market account: Here's which will be most profitable now

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$80,000 CD vs. $80,000 high-yield savings account vs. $80,000 money market account: Here's which will be most profitable now

The interest-earning potential of CDs, high-yield savings and money market accounts will be similar but it won't be identical. …

The interest-earning potential of CDs, high-yield savings and money market accounts will be similar but it won't be identical. Andrii Yalanskyi/Getty Images A Federal Reserve meeting in the final days of April that resulted in interest rates staying paused may not have been the development millions of American borrowers were hoping for. But it will essentially maintain the status quo for savers, many of whom have been accustomed to earning an interest rate of 4% or higher on their money. …

Original source: CBS News Top

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