Is Website Speed Still Important for SEO?

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I’ve been wondering how important website speed is for SEO today, especially with more people browsing on mobile devices. Does improving page speed still make a noticeable difference in search rankings and user experience? What has worked best for you?

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Direct Ranking Signal: Google prioritizes fast pages in search results, especially for mobile searches via mobile-first indexing.User Engagement: Slow loading times cause high bounce rates as visitors leave if a page takes more than 2 to 3 seconds to load.Conversion Rates: Faster websites consistently achieve higher sales, sign-ups, and user trust.Crawl Efficiency: Better server and page performance allows search engines and AI crawlers to index more content efficiently.