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Fed announcement means CD rates have likely peaked
The Lima News, Ohio via Yahoo Finance· 5 days agoJun. 13—LIMA — Federal Reserve officials said Wednesday that inflation has fallen further toward their target level in recent months but signaled they expect to cut their benchmark interest ...
3 Reasons to Sit Out Sky-High CD Rates
The Motley Fool via AOL· 5 days agoSure, 5% is a pretty good return, but it doesn't hold up to the stock market's historical returns. The S&P 500 has a historicalrate of return of 10.2%,...
There’s now a 100-year CD. Here’s what you should know
Bankrate via AOL· 6 days ago“The type of consumer best suited for a 100-year CD is someone who has a long-term philanthropic or...
2 reasons to deposit $10,000 into a long-term CD right now (and 2 reasons not to)
CBS News· 8 hours agoCDs are deposit accounts that are typically insured by the FDIC or NCUA for up to $250,000 - which...
How to calculate interest on a CD
Yahoo Personal Finance· 1 day agoKnowing how to calculate CD interest can give you an idea of how much you’ll earn on your balance. Here’s how to calculate CD interest and choose the...
Should you open a savings account or CD before the Fed's next meeting?
Yahoo Personal Finance· 5 days agoThe Fed is set to meet this month and decide whether to adjust the federal funds rate. Here’s how...
4 questions to ask before your CD matures
CBS News· 9 hours agoIt's important to know the answers to these questions as you approach your CD account maturity date.
Best Savings Rates Today -- Act Now to Earn APYs as High as 5.55%, June 14, 2024
CNET· 5 days agoThe Federal Reserve paused interest rates for the seventh consecutive time on Wednesday, maintaining...
Best Savings Rates Today -- Savings Rates Stay High After Yesterday's Fed Decision, June 13, 2024
CNET· 5 days agoRates for the best high-yield savings accounts remain high after the Federal Reserve held rates...
This Is the Absolute Worst CD You Can Get in 2024
The Motley Fool via AOL· 6 days agoThis gives the issuing bank or credit union the right to call or redeem the CD before its maturity. If your CD is called, your initial deposit and...