Bank of America CEO Brian Moynihan said Wednesday that strong consumer spending so far this year means the Federal Reserve will probably hold off on cutting its benchmark interest rate.

But are Bank of America’s savings account interest rates competitive? And how do the bank’s rates compare against national averages? Bank of America’s interest rates vary by ZIP code.

Many of Bank of America’s certificates of deposits offer unimpressive rates. BoA boasts an annual percentage yield (APY) as low as 0.03%. Yet there are exceptions: Yields on the Bank of America ...

The Fed is likely to retain its ‘wait-and-see’ approach at the Federal Open Markets Committee decision on Wednesday, but higher-for longer rates no longer support the dollar like they did before. This ...

Ebrahim Poonawala, Bank of America Securities Head of North American Banks Research, joins 'Closing Bell Overtime' to talk a possible dovish pivot from the Fed and the impact of the financial sector.

Brian Moynihan, CEO of Bank of America, also discussed whether he sees any validity in concerns about the end of American ...

While any movement on interest rates seems improbable, the meeting will feature important signals that still could move ...

Dori Zinn is a personal finance journalist with more than a decade of experience covering credit, debt, investing, budgeting, saving, retirement, college affordability, jobs and careers and more.

like interest rates and fees, at a higher weight percentage than others. We understand that these areas can more heavily impact a person's overall banking experience. Bank of America CD FAQs It ...

President Donald Trump has pushed for the Federal Reserve to lower interest rates by “a full point” in order to juice the economy as inflation hovers close to its target level. But Fed Chair Jerome ...

The compensation may impact ... faster. Bank of America offers CDs with a wide range of terms and just a $1,000 minimum opening deposit. Some of these options provide higher interest rates than ...