Bank Interest Rate Predictions 2024

Bank Interest Rate Predictions 2024. Credit card rates fall just below 20%. The national average rate for savings accounts will be 0.3 percent by the end of 2024, mcbride forecasts, while predicting an average of 0.35 percent for money market accounts.

We are in a high interest rate environment, and we’re going to be in a high interest rate environment a year. The federal reserve policymakers as well as investors both agree that the next interest rate move is likely.