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The Federal Reserve on Wednesday did it again. For the fourth meeting in a row, it left its key interest rate at a 22-year-high, as Fed observers and market watchers placed bets on when the central bank would start cutting rates in the coming months.
The Federal Reserve on Wednesday did it again. For the fourth meeting in a row, it left its key interest rate at a 22-year-high, as Fed observers and market watchers placed bets on when the central bank would start cutting rates in the coming months.
What type of certificate of deposit might be right for you now?
Here’s what other pros say about certificates of deposit, and who will, and won’t, benefit.
Now is the time to snag the highest rates, but people are still chasing yield.