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Image source: Getty Images. For most of 2024, certificates of deposit (CDs) had been offering their highest rates in decades. If you shopped around, you could get a CD with a 5.50% APY or higher.
At the conclusion of its first rate-setting policy meeting of the year, on January 29, 2025, the Federal Reserve announced it was leaving the federal funds target interest rate at 4.25% to 4.50% ...
Best CD rates today: Pump up your savings with yields of 4.35% and higher on terms of 12+ months — Feb. 13, 2025 Kelly Suzan Waggoner Updated February 13, 2025 at 5:11 AM
At the conclusion of its eighth and final rate-setting policy meeting of the year on December 18, 2024, the Federal Reserve announced it was lowering the federal funds target interest rate by 25 ...
Best CD rates today: Turn New Year's motivation into guaranteed growth with fixed APYs of up to 4.27% — Jan. 3, 2025
Here’s how CD rates fell in the year after those emergency rate cuts of 2020 were made: From June 2020 to June 2021, the average one-year CD dropped to 0.17 percent APY from 0.41 percent APY.
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