With that in mind, is opening a long-term CD worth it this April? Below, we'll break down what to consider. Thanks to the Fed's decision to keep interest rates paused and the fact that it won't ...

For example, while certificate of deposit (CD) accounts are a smart option to consider right now overall, as it's easy to find CD accounts offering interest rates of 4% or more, opening a single ...

In other words, savings and CD rates aren't likely to fall (or rise) much in the next few months. Inflation and interest rates have a direct relationship, meaning when inflation rises, so do ...

Commissions do not affect our editors' opinions or evaluations. 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.

In 2023, CD sales in the UK experienced a slight increase for the first time in 20 years, with a 2% rise in sales value to £126.2 million. However, in the US, CD shipments decreased slightly from ...

Vinyl and streaming may grab all the headlines, but CDs are still going strong – in fact, CD sales have seen an uptick in recent years, which is always good news to fans of physical formats. Whether ...

As a result, the best CD rates in the nation have largely been holding steady after drifting a bit lower at the end of last year. Certificates of deposit (CDs) continue to pay historically high ...

Lauren Graves is an educator-turned-editor specializing in personal finance content. She seeks to make complicated topics easier to understand and less intimidating to the average reader with ...

Business Insider's personal finance team compared Ally Bank CD rates to the best CD rates and found them to be above average. Ally Bank (Member FDIC) is known for operating entirely online.

This means that your window of opportunity to lock in today's high CD rates before they start dropping is coming to an end. But what if you're not sure about tying up all your savings in one long ...

Even with the Federal Reserve already making rate cuts, it’s still a good time to lock in a high rate on a certificate of deposit (CD) before rates drop even further. But should you go with a ...

See how we rate banking products to write unbiased product reviews. You might want to open a 6-month CD if you're looking for a way to lock in a high interest rate for half a year. According to ...