Savings account interest forecast for spring 2024: Here's what experts predict [CBS News]
Zions Bancorporation N.A. (ZION)
Last zions bancorporation n.a. earnings: 4/20 04:10 pm
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Source: CBS News
While inflation isn't nearly as hot as it was recently, it's remained stubbornly above the Fed's 2% target. Although many consumers want inflation to slow down, the benefit has been that interest rates for savings accounts have been high, as there's typically a direct correlation between savings interest rates and the fed funds rate. However, at the last Fed meeting, the central bank still indicated that it expects to cut rates three times this year, so savings account interest rates might not stay high for long. That said, most experts agree that savings account rates will stay relatively high through most of the spring, with differing expectations as to when rates will start to fall. Below, we'll break down their current predictions. See how much more you could be earning with a high-yield savings account here Savings account interest forecast for spring 2024 Here's what the experts we spoke to predicted for savings rates in the months to come. Rates could start to fall aroun
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- Zions Bancorporation, National Association (NASDAQ: ZION) had its price target raised by analysts at Royal Bank of Canada from $46.00 to $47.00. They now have a "sector perform" rating on the stock.MarketBeat
ZION
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- 4/22/24 - Miss
ZION
Sec Filings
- 4/4/24 - Form PX14A6G
- 4/2/24 - Form 4
- 4/2/24 - Form 4
- ZION's page on the SEC website