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[Money Market Account Rates Decline Following Federal Reserve Rate Cuts, But Top Accounts Still Offer Competitive Yields] The Federal Reserve's Three Rate Cuts In 2024 Are Causing Money Market Account Rates To Decline, With The National Average Currently At 0.63% According To The FDIC. However, Some Top Accounts Still Offer Rates Of 4% APY Or Higher, Providing Significantly Better Returns For Depositors, Although These High Rates May Not Be Available For Long.
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