Yields on competitive CDs increased to historic highs in recent years, thanks to the Federal Reserve raising its benchmark rate 11 times in 2022 and 2023. Although the Fed has cut rates three ...

CD rates stayed near historic lows in 2021 as the Federal Reserve kept interest rates low. By the middle of 2022, yields on CDs began to rise as the Federal Reserve began to raise interest rates.

Certificate of deposit (CD) rates have been on a rollercoaster ride in recent years, hitting historic lows during the ...

Key Takeaways Since the Federal Reserve made three interest rate cuts in late 2024, CD yields have drifted gradually ...

The graph below uses historical FDIC data to display national average rates on CDs from 2009 to 2023 and highlights how CD rates responded to changes in central bank policies, inflation rates and ...

A falling-rate environment is underway thanks to the Fed dropping its federal funds rate three times in 2024. Many, or all, of the products featured on this page are from our advertising partners ...