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Stock impact report

Best CD Rates Today, Nov. 8, 2024: Act Now to Lock in a High APY [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 rate cut yesterday means APYs are likely to keep falling. Your APY is locked in when you open a CD, so opening one now will protect your earnings from additional rate drops. As expected, the Federal Reserve cut interest rates for the second time this year at yesterday's November meeting. That means rates for certificates of deposit, which have been falling since the Fed's September rate cut, are likely to keep falling. You can still earn up to 4.75% annual percentage yield, or APY, with today's best CDs . But the clock is ticking. The sooner you open a CD, the higher the APY you could lock in -- and the greater your earning potential could be. Read on to see where you can score one of today's highest CD rates. Today's best CD rates These are some of the highest CD rates today and how much you could earn by depositing $5,000 right now: Term Highest APY Bank Estimated earnings Bread Savings; CommunityWide Federal Credit Union First National Bank of Ame Show less Read more
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