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Money Market Interest Rates - How Do Central Banks Set Interest Rates?The Cross-Industry Committee on Japanese Yen Interest Rate Benchmarks conducted necessary deliberations with aims to facilitate market participants and interest. A money market account is a variable APY account similar to a savings account which may earn a higher interest rate compared to savings. Money market rate: Earn % APY on any balance. Minimum balance and fee: There is no minimum balance requirement and no monthly fee. What you.
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