Short-term investing in a time when inflation is on the rise and interest rates could change requires nimble decisions that involve a basic understanding of both the economy and the multiple ...
Today's highest CD rate is 4.94% for a jumbo 6-month CD. CD rates from online banks are commonly twice as high as the ...
A CD is a specific type of savings account (known as a time deposit account) that comes with a fixed interest rate and a maturity period. CDs, depending on the yield, typically offer better yields ...
Savers looking for signs about where certificate of deposit (CD) interest rates are going likely have an eye on May's scheduled Federal Reserve meeting, where the Fed could provide hints about its ...
The Federal Reserve is likely to cut interest rates soon -- and some banks are already lowering their CD rates. Some 5-year CDs still pay over 4.00% APY. Five years is a long time to lock up your ...
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 ...
Earlier in the year, a lot of people were clamoring to open CDs while rates were sitting at or above 5%. But at this point, the days of 5% CDs are over. The Federal Reserve has cut interest rates ...
We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Sabrina Karl has over two decades of experience writing about savings, CDs, and ...
Affiliate links for the products on this page are from partners that compensate us and terms apply to offers listed (see our advertiser disclosure with our list of partners for more details). However, ...
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 ...
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Should You Open a 6-Month CD Now?
The Federal Reserve just cut the target federal funds rate by 0.25 percentage points. So what does that mean for CD investors? Read More: Earn up to $845 cash back this year just by changing how you ...
You can earn up to 4.50% on some 6-month CDs right now. High-yield savings accounts offer more flexibility with similar rates. Weigh the pros and cons and find out which one is right for you. With ...
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