The Fed's latest rate pause has kept APYs steady for now. But with a rate cut expected later this year, now's the time to open a CD.

Topics:  fed   apys   cd   rate pause   
BING NEWS:
  • Powell says Fed waiting on rate cuts for more evidence inflation is easing
    Fed Chair Jerome Powell said he wants to see more evidence inflation is falling sustainably to officials' 2% goal before cutting interest rates.
    07/2/2024 - 5:17 am | View Link
  • Fed Chair Jerome Powell: US inflation is slowing again, though it isn’t yet time to cut rates
    Inflation in the United States is slowing again after higher readings earlier this year, Federal Reserve Chair Jerome Powell said, while adding that more such evidence would be needed before the Fed ...
    07/2/2024 - 3:50 am | View Link
  • Fed's Powell says more evidence of falling inflation needed before rate cuts
    The U.S. central bank still needs more data before cutting interest rates to ensure that recent weaker inflation readings give a true picture of what is happening to underlying price pressures, ...
    07/2/2024 - 2:02 am | View Link
  • Is now the best time to lock in a long-term CD?
    And, lower rates on deposit accounts mean less earning potential for savers. So if you want to take advantage of today's high APYs and be protected against the Fed's potential rate cuts, now might be ...
    07/1/2024 - 4:19 am | View Link
  • Will CD Rates Stay High Into 2025? Here's What We Know so Far
    The Federal Reserve could start lowering interest rates later this year, which would push CD rates lower. CD rates may be lower in 2025 than they are today, but that doesn ... correlation between the ...
    06/25/2024 - 1:00 pm | View Link
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