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Here are some of the top earning CD rates for a range of term lengths. In an attempt to slow high inflation, the Federal Reserve has been continually raising interest rates since last year. In fact, at their latest meeting, the Fed decided to once again raise rates by a quarter of a percentage point. This is the 11th interest rate hike since March 2022 and brings the federal funds rate, a key overnight bank lending rate, to a target range of 5.25% to 5.5%, the highest it's been since 2001. Offic

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