Fed funds futures are pricing in a near-certain probability that the central bank will let its current 4.25%-4.50% target ...

The Federal Reserve ... of your term. If you won't need to access those funds during your term, you can take advantage of higher rates in the current climate. In general, long-term CD accounts ...

After climbing for the past couple of years, CD rates have been slowly declining in 2024. CD rates tend to track the federal funds rate ... also aren’t a good long-term investment option ...

The Fed meets eight times a year to assess the health of the US economy and vote on the federal funds rate ... interest rates in the short term, but also lock in rates for the long term in ...

If you worry about tying up money you may need, consider building a CD ladder to get periodic access to portions of your funds while securing elevated rates ahead of the Fed rate cut. Unlike high ...

Hold on to your wallet — the Fed ... rates fall. Steadier returns can make up for the lower rates you may find on long-term CDs. Just keep your finances in mind and avoid locking away funds ...

and long-term interest rates. If the FOMC wants to make changes to monetary policy, it will adjust the federal funds rate. For example, the FOMC began raising rates in the last few years to fight ...

Economists say no rate cut is likely in May The Federal Reserve policy committee's next meeting is May 6 and May 7. Most economists don't expect the Fed to cut the short-term federal funds rate ...