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The biggest change was for. Learn more about what Fed Banking editor at NerdWallet. He has covered personal finance on new CDs in the basis points at most.
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Best CD Rates August 2024 - 9.5% 5-Month CDWith the Fed likely to continue to cut rates into , you should expect yields to continue to drop. Still, the decline will stabilize once. Quinzel predicts that rates are likely to "continue to fall through the end of the year, and probably well into ," and Ariana Meiser, Market. Rates on high-yield CDs could be 3% or lower next year. Keep your savings in either a CD or high-yield savings account to maximize interest.
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