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Stock impact report

17 high-yield savings accounts that outpace inflation right now [CBS News]

Customers Bancorp, Inc (CUBI) 
Last customers bancorp, inc earnings: 1/22 04:54 pm Check Earnings Report
Company Research Source: CBS News
Getty Images There's no question that inflation has had a big impact on many people's finances over the last few years. Higher inflation means your money can't stretch as far due to higher prices at the pump, in the grocery store and just about anywhere else you shop. And, when you add in the other economic issues, like elevated borrowing costs, today's economic climate can wreak havoc on your budget While the inflation rate has improved compared to its peak in mid-2022, today's inflation rate of 3.1% is still well above the 2% target rate set by the Federal Reserve. So, it appears unlikely that we'll get real relief from these and other issues caused by persistent inflation — at least not in the near future. But while high inflation could stick around for a while, there are ways to ensure that your money maintains its purchasing power . And, one of the better options is an interest-bearing account that outpaces today's inflation rate. While you have a few different options to Show less Read more
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