Savings rates drop even without Fed cuts. Here’s where you can still earn 4% on your cash

While the Federal Reserve decision to hold off on any interest rate cuts since December is generally good news for savers, some banks have lowered their payouts anyway. On Wednesday, the central bank again opted to hold the benchmark federal funds rate steady in a range between 3.5%-3.75%. That rate typically drives the yield on products from savings accounts to certificates of deposit, from short-term Treasury bills to money market funds. …