After higher yields in 2023, investors are bracing for interest rate cuts that could put a damper on shorter-term savings.
.Federal Reserve officials expect three cuts in 2024, according to December meeting minutes released, but there's lingering uncertainty over when, or if, those changes may occur.
With the Fed policy in limbo, savers have several options to consider for their cash, depending on their goals and timeline. The following is four of the best options for cash in 2024.
A. Certificates of deposit---With interest rates in flux, you can lock in a higher yield for 2024 with a certificate of deposit, or CD.
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by- ANDREW SMITH
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