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Stock impact report

Best CD Rates Today -- Should You Lock in a High CD APY Before the Fed Meeting? April 29, 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 Top CDs offer APYs up to 5.35%. Your APY is locked in when you open a CD, protecting your earnings from future rate drops. The Federal Reserve's meeting later this week will impact where rates head in the coming months. Certificate of deposit rates may not be at the sky-high levels they hit over the past two years, but they're still attractive. Today's top CDs offer annual percentage yields, or APYs, up to 5.35%. And since your rate is locked in when you open a CD, your return stays the same even if rates dip down. “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 high rates won't stick around forever. By opening a CD today, you can lock in a great APY and protect your savings fro Show less Read more
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