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Stock impact report

Best CD Rates Today, Nov. 4, 2024: The Clock Is Ticking on High APYs [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
APYs have been falling since the Fed cut interest rates in September, and experts expect another rate cut at this week's Fed meeting. Opening a CD now allows you to lock in a high APY before rates fall further. If you've been thinking about opening a certificate of deposit, now's the time to do it. Certificate of deposit rates have been falling since the Federal Reserve cut the federal funds rate on Sept. 18, and the Fed's next meeting later this week is likely to result in another cut. That means CD rates are likely to fall further. You can still earn up to 4.75% annual percentage yield, or APY, with today's best CDs . But the key is to lock in your rate now. The longer you wait, the lower the APY you could get -- and the lower your earning potential could be. Read on to see where you can score one of today's highest CD rates and maximize your returns. Today's best CD rates These are some of the highest CD rates today and how much you could earn by depositing $5,000 ri Show less Read more
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