Any lock on a top-paying CD is smart before the Fed makes its move this week. Rates of 5%+ are available with guarantees up ...
Thanks to the Federal Reserve's historic rate-hike campaign between 2022 and 2023 aimed at taming post-pandemic inflation, rates on certificates of deposit (CDs) surged to 20-year highs last fall ...
There's no way to know for sure where CD yields will be in a year. Read on for my prediction based on what we know now.
The Federal Reserve has raised the federal funds rate 11 times since March of 2022, pushing CD rates to highs that haven't been seen in years. With rate cuts expected to come in 2024, now may be ...
Back in 2022, when the Fed began its rate-hiking campaign, savings rates skyrocketed, leading to a surge in popularity among CD accounts. However, as inflation cooled, the Fed paused rate hikes ...