The Fed hasn't adjusted interest rates this year, and isn't expected to make a move for months. Yet today's highest CD rate is better than you could score last week.

The Federal Reserve has put interest rate cuts on hold until it has more clarity about President Trump’s policies.

Traders of futures that settle to the Federal Reserve's policy rate continued to bet on Friday that the U.S. central bank will cut its target for short-term borrowing costs in September, after inflation by the Fed's targeted measure cooled to 2.

“Our fiscal situation” meaning: How much more in debt is the federal government going to get. This is because when the government borrows more and more, it makes it harder for everyone else to borrow.