If you have your money in the top-yielding online savings accounts and CDs, you are poised to continue outpacing inflation for the foreseeable future even as interest rates decline,” McBride adds. ( See some of the highest CD rates you can still get now,

The Federal Reserve is expected to cut rates at its September 18 meeting. Here's how the decision could impact your finances.

The dollar dropped after the Federal Reserve on Wednesday cut interest rates by half a percentage point, citing greater confidence that inflation will continue to recede to the U.S. central bank's 2% annual target.