Fact checked by Michael Rosenston Reviewed by Michael J Boyle Along with traditional banking products such as home loans, ...

but these high-yield CD rates are expected to keep dropping as the Fed gradually cuts its federal funds rate. See where rates are going in our CD rate forecast. » Learn more: how Fed rate ...

Prior to The Motley Fool, Jack covered business and economic trends as a reporter and policy analyst in Washington ... are competitive. CD rates move in tandem with the federal funds rate ...

Considering a new certificate of deposit (CD) account? Learn more about Truist Bank’s CD, its terms, rates, account features, and early withdrawal penalties.

CD rates tend to track the federal funds rate. When the fed rate goes down, CD rates decline, and vice versa. The Federal Reserve held the federal funds rate steady for nearly a year but made its ...

Both national average and high-yield CD rates began to noticeably drop around September 2024, which is when the Federal Reserve began lowering its federal funds rate. However, the Fed is expected ...

Interest rates on high-yield savings accounts and certificates of deposit (CDs) have dipped in recent months, thanks in large part to three federal funds rate cuts by the Federal Reserve to close ...