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Stock impact report

CD APYs Are Still High, but Rate Cuts Are Coming. Today's CD Rates, Dec. 2, 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
Locking in a CD rate now can help you earn more even if rates fall again. Interest rates have been on a downward swing recently, so there's no time to waste if you want to lock in one of the best CD rates Today's best CDs offer annual percentage yields , or APYs, as high as 4.70%. But with the Fed expected to cut the federal funds rate later this month, CD rates could drop further . Opening a CD now can help you protect your money from additional rate drops and grow your savings. You can find some of the best APYs at credit unions and online banks . Here are some of the highest rates based on banks we track at CNET and how much you could earn by depositing $5,000 right now: Today's best CD rates 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 for your area. What a Fed rate cut could mean for CD rates All eyes are on the Fed to see where interest rates will go next. Show less Read more
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