One of the biggest factors influencing current CD rates is the federal-funds rate. As the Federal Reserve began cutting its benchmark rate toward the end of 2024, CD rates fell in response. However, ...
Auto-renewing a CD is convenient, but it may be a good idea to compare rates and consider alternative options.
Looking to grow your savings? The best CD rates today are still offering yields up to 5.11% APY — making right now a great time to lock in a solid return.
CD rates could drop within days or weeks after the Federal Reserve announced interest rate cuts. See if you should lock in ...
Average rates for certificates of deposit this month range from a ho-hum 0.23% for the shortest, 1-month terms, up to 1.76% for 1-year accounts, according to the latest government data. But for ...
Kelly is a former editor for CNET Money covering banking. She has over 10 years of experience in personal finance and previously wrote for CBS MoneyWatch covering banking, investing, insurance and ...
There’s a high probability that the Federal Reserve will cut interest rates at its September 16-17 meeting, according to interest rate traders. Indeed, the CME FedWatch Tool indicates an 87.1% ...
If I were putting money into certificate of deposits (CDs) right now, I wouldn't wait. The Fed is expected to start cutting rates later this month, and once that happens, today's best CD yields will ...
We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Jen Hubley Luckwaldt has over 15 years of experience writing and editing personal ...
Under presidential pressure and a lot of speculation, the Federal Reserve announced a quarter-point cut to the federal funds rate this week — the first Fed cut in nine long months. At the same time, ...