Best CD Rates Today: The Clock Is Ticking on High Interest Rates
Key takeaways Time is of the essence if you want tomaximize your savingswith a certificate of deposit. But the sooner you act, the better. You may not be able to find APYs this high tomorrow. Earnings are based on APYs and assume interest is compounded annually. The Fed regularly adjusts the federal funds rate to keep the US economy in check. This rate determines how much it costs banks to borrow and lend money to each other....