CD Rates Are Still High, but They're Falling Fast. Today's CD Rates, Dec. 4, 2024
input your information below to get CNET’s partners' best rate for your area. The Fed could make another interest rate cut in December, which would see CD dip even lower. The Fed doesn’t directly impact CD rates, but it does control the federal funds rate. The federal funds rate is the overnight lending rate banks charge one another to borrow funds. When the federal funds rate goes down, rates on consumer products like CDs andsavings account ratestend to follow....