Inflation soared during the pandemic, and the Fed's efforts to tame it drove up interest rates over 2022 and 2023. While the annual inflation rate in 2020 was a mere 1.23%, it peaked at 8% in 2022 ...

Thanks to inflation and a higher federal funds rate, certificate of deposit (CD) interest rates have increased exponentially in recent years. CD interest rates barely broke 1% a few years ago. By ...

Today's highest CD rate is 4.94% for CD. CD rates from online banks are commonly twice as high as the national average rates.

Today's highest CD rate is 4.94% for CD. CD rates from online banks are commonly twice as high as the national average rates.

Certificates of deposit (CDs) are a smart, safe way to earn interest on your savings, offering guaranteed returns with FDIC insurance up to $250,000. Looking for a secure place to grow your savings?

Key Takeaways CDs provide predictable income through fixed interest rates and defined maturity dates.FDIC insurance makes CDs one of the lowest-risk income investments available.CD ladders can balance ...

Certificates of deposit (CDs) can be a smart, safe way to earn more on your savings, letting you lock up your money for a set period in exchange for a guaranteed return. But even though CDs are ...