Decisions made at the Federal Reserve's new meeting and other factors could influence CD interest rates this June.

Commissions do not affect our editors' opinions or evaluations. After climbing for the past couple of years, CD rates have been slowly declining in 2024. CD rates tend to track the federal funds rate.

CD rate forecast for the second half of 2024 The Fed cut interest for the first time in four years at the September Fed meeting. CD rates have declined on various terms after the meeting occurred.

Changes during a CD’s lifespan generally don’t affect ... In its most recent economic projections, the FOMC forecast a median rate of 4.4%. If it meets that target, the federal funds rate ...

The CD rate forecast for 2024 doesn’t bode well for those wishing for higher CD rates, especially CDs with terms of 12 months to 24 months. The Federal Open Market Committee (FOMC), which sets ...

Changes might be coming, though. According to CDValet's Q2 Rate Watcher Report, rates on CDs may have already peaked. That is due, at least in part, to the Fed's mention of a potential rate cut ...

Given President Donald Trump's evolving tariff policy, a great deal of uncertainty is swirling around future interest rates.

It's tricky to choose a CD duration in light of 2025 Fed moves that are possible, but not certain. Should you lock in for ...

Unlike high-yield savings accounts, CDs have a fixed rate, which means your earnings stay the same even if overall rates fall. And in a declining-rate environment like today's, that can be ...

Here’s a look at how they changed, using data from the Federal Reserve: The CD rate forecast for 2025 has become a bit ...

Ideally, savers should open a certificate of deposit (CD) when rates are higher to lock in a fixed rate for a set period of time so they can earn the best long-term return on their money.

The CD rate forecast for 2025 has become a bit muddled. When the Fed began dropping interest rates in 2024, it projected — as did most analysts — that it would continue to make cuts in 2025.