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A CD can be a good choice right now if you’re looking to lock in a high yield before rates decline any further. You’ll continue to earn the fixed yield, even if the going rates drop on new CDs ...
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% ...
60-month (5 year) CD. 1.32%. 1.35%. ... Rates for six-month CDs can outpace the average bank account, and longer terms offer rates comparable to the best high-yield savings accounts.
Right now, you can find the highest rates of up to 4.40% APY on terms of 12 months, with longer terms offering yields of up to 4.35% APY that can help you hedge against lower rates in the future ...
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% ...
CD rates strongly track with the key interest rate set by the Federal Reserve, the U.S.'s central bank. This Fed rate is the benchmark that affects rates on deposit accounts, loans, mortgages ...