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Stock impact report

Best CD Rates Today – Score a High APY While You Still Can, April 30, 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
Key takeaways Today's top CDs offer up to 5.35% APY. Rates have been dropping for months, and experts expect this trend will continue. Regardless of the Fed's decision at its meeting this week, opening a CD now can protect your earnings from any further rate cuts. Certificate of deposit rates remain high, despite steadily falling in recent months. You can still find top CDs offering annual percentage yields, or APYs, up to 5.35%. That's more than three times the national average for some terms. And because your APY is fixed when you open a CD, you'll enjoy the same returns even if rates continue to fall. “Unlike some other investments whose returns fluctuate with market conditions, CDs offer fixed interest rates for a specified period. It's a predictable stream of income, which can be particularly appealing in uncertain economic environments,” said Bernadette Joy, a personal finance coach and CNET Financial Review Board member But rates may have hit their peak, which mean Show less Read more
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