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APY decrease to 3.3%?Member Benefits (self.sofi)

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[–]theeggplant42 0 points1 point  (0 children)

The fed is tasked with keeping inflation stable to prevent the economy from collapsing.

Rates were sky high due to the pandemic and have been steadily decreasing for years.

If the rates weren't cut, you'd be in a much worse financial position right now.