Could CD interest rates decline again this month? Here's what savers should consider before the January Fed meeting.
The CD interest rate climate has evolved. Here's what a good long-term CD interest rate is considered to be now.
Most CD rates have been drifting lower now that the Fed has been cutting interest rates. But today two large U.S. banks ...
Want to continue earning a high return? Then avoid moving your maturing CD account funds to one of these accounts.
Commissions do not affect our editors' opinions or evaluations. After climbing for the past couple of years, CD rates have been slowly declining in 2024. CD rates tend to track the federal funds rate.
Predicted declines in CD and savings account rates have been dialed back for 2025. Here's how much the latest Fed ...
Other banks and credit unions with the highest CD rates in Florida include NexBank, CIBC Bank and Alliant Credit Union. Not many CDs top 5%, let alone 6% for new accounts. You may be able to find ...
This development will likely result in lower CD yields, just as the Fed’s decision to hike rates throughout 2022 and 2023 to stymie inflation led to yields increasing. While average CD rates ...
From 2010 onward, the average three-month CD rate remained near zero. The 1970s dawned with three-month CD rates around 8% APY, comfortably ahead of the 6% inflation rate. That pattern — short-term CD ...
That noted, today's CD rates are markedly lower than they were at this point in 2024. In recent years, for example, select savers were able to open accounts with rates as high as 6% and 7%.
Most Americans feel their bank accounts aren’t keeping up with inflation, a new survey finds, fresh evidence that savers who seek high interest rates may not be looking hard enough.