When deciding where to put your idle cash, consider these factors

After the Fed raised interest rates to their highest level in years, many forecasts predicted that we would see rate cuts once inflation subsided. This did not happen.

The federal funds rate remains between 5.25% and 5.50%, and these long-awaited cuts continue to be postponed. That left investors with important decisions about how best to manage their savings during a prolonged period of higher rates.