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Stock impact report

APYs Stay High After Presidential Debate. Best CD Rates for Today, June 28, 2024 [CNET News]

Ally Financial Inc. (ALLY) 
Last ally financial inc. earnings: 4/20 07:30 am Check Earnings Report
US:NYSE Investor Relations: ally.com/about/investor
Company Research Source: CNET News
Today's top CDs boast APYs up to 5.35% -- more than three times the national average for some terms. Your APY is fixed in when you open a CD, so your earnings won't decrease if CD rates drop. With the Fed expected to cut rates in the coming months, now's the time to lock in a high APY and protect your earnings. Certificate of deposit rates remain high as June wraps up, but if you've been thinking of opening a CD, now's the time to do so. With the Federal Reserve expected to cut rates in the coming months, today's annual percentage yields, or APYs, may be the best you'll find for a while. “I would expect the path to point to lower CD rates in the second half of the year,” said Faron Daugs, CFP, founder and CEO at Harrison Wallace Financial Group You can earn up to 5.35% APY with today's top CDs -- more than three times the national average for some terms. Better yet, your rate is fixed when you open the account, so your returns will stay the same even when overall rates drop Show less Read more
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