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Stock impact report

Best CD Rates Today, Sept. 20, 2024: APYs Plummet After Fed Rate Cut. Here's Where You Can Still Score a High One [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 are falling fast after the Fed's first rate cut in years this week. The longer you wait to lock in a top APY, the more interest you could lose out on. The Federal Reserve's first rate cut in years was great news for many people this week. It's a signal that the Fed is pleased with where the economy is heading, and it means borrowers could see APRs on things like credit cards and mortgages fall in the coming months. But for savers, the news isn't as rosy We're already seeing annual percentage yields, or APYs, plummet across CD terms following the Fed's decision on Wednesday. Fortunately, you can still find APYs as high as 5.10% with today's best CDs . And by opening a CD now, you can lock in the current APY and protect your earnings from additional rate cuts. But the clock is ticking. So, read on to learn where you can find today's best APYs -- ASAP. Today's best CD rates These are some of the highest CD rates today and how much you could earn by depositing $5,000 rig Show less Read more
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