Following the meeting in September, the Federal Reserve had announced that it’s holding interest rates steady. Having raised rates a grand total of 11 times this economic cycle to tamp down inflation, industry watchers are still divided on whether this will be the conclusive rate for 2023. While inflation rates are much lower than a year ago, it remains above the 2% target, with experts expecting an additional rate hike in the last quarter should conditions warrant it. How are markets reacting? Flat interest rates may actually cause banks to dampen or slow the increase of their savings and high yield accounts. At this point, it may be opportune to look at other ways to deploy your cash, especially for those with fixed deposit accounts that are reaching maturity. The flexibility that comes with Endowus cash management funds enables you to continue to grow your cash to take advantage of the current high interest...