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Stock impact report

Best CD Rates Today -- Don't Miss Out on APYs as High as 5.4%, March 19, 2024 [CNET News]

First Internet Bancorp (INBK) 
Last first internet bancorp earnings: 4/22 04:52 pm Check Earnings Report
Company Research Source: CNET News
drops, today's top CDs continue to pay an attractive annual percentage yield, or APY. But where rates go next depends on what the Federal Reserve decides at this week's Open Market Committee Meeting. If the Fed chooses to hold the federal funds rate steady, as some experts predict, high APYs are likely to continue -- although banks may continue chipping away at them in anticipation of rate cuts later this year. If the Fed chooses to cut the federal funds rate, APYs may fall even faster. But whatever the Fed's decision, one thing is certain: CD rates are likely the highest they'll be all year, and the sooner you open an account, the higher the APY you can score. Read on to see where you can find the highest CD rates today. Key takeaways Top CDs currently pay as much as 5.4% APY. Experts expect the Fed will keep rates paused at this week's meeting, but that doesn't mean we're done with APY drops. APY isn't the only thing you should look for in a CD. Your savings timeline, Show less Read more
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