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Stock impact report

Best CD Rates Today, June 14, 2024: Don't Sleep on APYs as High as 5.35% [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
The Fed's decision to pause rates again on Wednesday means rates should remain elevated for now. Opening a CD today protects your earnings from future rate drops. There's still time to secure a great rate on a certificate of deposit. The Federal Reserve's decision to pause interest rates at its Federal Open Market Committee meeting on Wednesday means elevated CD rates should stick around for a while longer. That's great news for savers You can currently earn up to 5.35% annual percentage yield, or APY, with today's top CDs . That's more than three times the national average for some terms. And since your rate is locked in when you open the account, you'll enjoy the same high earnings for the entire term, even when the Fed begins dropping rates. So, if you've been thinking of opening a CD, there's no time like the present. Experts recommend comparing rates before opening a CD account to get the best APY possible. Enter your information below to get CNET's partners' best rate Show less Read more
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