High-yield savings rates today: July 14, 2025 | Stellar APYs are still on the market, surpassing 4%
Tariff concerns will likely cause the Fed to hold rates steady at its July meeting.
Marcos Cabello is a former financial journalist with five years of experience translating complex money matters into clear, actionable insights for readers. His reporting has been featured on CNET, NextAdvisor, and the Academic Times, where he has covered the full spectrum of personal finance topics—from insurance and investing to emerging trends like cryptocurrency. Marcos has developed a strong track record for explaining Federal Reserve policy decisions and their real-world impact in ways that empower individuals to make informed choices.
Before joining Bankrate, Marcos attended law school, where he honed his analytical skills before returning to his first passion: storytelling. His work blends legal precision with an accessible writing style, helping readers navigate financial decisions with confidence.
When he’s not behind the keyboard, Marcos can often be found playing video games, practicing magic tricks, publishing videos on TikTok and Instagram or diving into creative writing projects.
Saving money in today’s economy isn’t easy — especially if you’re just starting out. But with a plan, a strong savings account and steady contributions, you can start building your nest egg little by little.
— Marcos Cabello, J.D.
Tariff concerns will likely cause the Fed to hold rates steady at its July meeting.
Savings APYs remain high as the Federal Reserve holds interest rates steady.
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