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Kiplinger
Kiplinger
Business
Sean Jackson

I've Got $50,000 Burning A Hole in My Pocket. Where Do I Park It Amid Rate Cuts So I Don't Lose Ground?

US Federal Reserve Jerome Powell
A woman budgeting in her kitchen.

Question: I have $50,000 saved. Where should I park it before a rate cut could happen?

Answer: You'll want to find a savings solution that's resistant to rate cuts. That way, you maximize your savings while rates are still higher. Thankfully, you have some time to act.

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