The Fed is expected to cut interest rates at its meeting today. Banks could follow, lowering short- and long-term CD rates. Waiting to open a CD could mean you won’t earn as much interest on ...
The Federal Reserve cut rates by half a point on Sept. 18 and penciled in further drops. CD rates typically decline following an interest rate cut. Fixed-rate CDs guarantee a set yield for their ...
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.
Only a few CD terms available. A $50 monthly fee for non-Premier customers. Can find higher yields elsewhere. Interest rates have already started to drop. On Sept. 18, the Federal Open Market ...