Cd Rates 2024 Predictions. Now, the best cd rates hover around 5% apy for terms ranging from six months to a year, but these rates are unlikely to last much longer—the federal reserve is suggesting that. Bankrate provides valuable insights to find the best cd products to maximize.
The federal reserve is expected to start cutting its benchmark interest rate in 2024, though fed chair jerome. Next year, the story could end up changing a bit for cds.
But Where Are They Headed From Here?
There could be a shift in cd rates this summer, experts say, but it will depend on a few different factors.
Bankrate Provides Valuable Insights To Find The Best Cd Products To Maximize.
The fed won’t lower rates until inflation hits 2%, but cd rates are still likely to fall more in 2024.
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There Could Be A Shift In Cd Rates This Summer, Experts Say, But It Will Depend On A Few Different Factors.