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Stock impact report

The Clock Is Ticking on APYs up to 5.35%. Best CD Rates for Today, June 26, 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
Key Takeaways Today's top CDs boast APYs as high as 5.35%. Experts anticipate the Fed will cut rates later this year, so these APYs may be the best you'll find for a while. The sooner you open a CD, the better the APY you may be able to lock in -- and the higher your earning potential could be. There's still time to score a great rate on a certificate of deposit, but the clock is ticking. While the Federal Reserve's rate pause earlier this month held rates steady for the seventh time in a row, experts expect it will announce at least one cut before the end of the year, and CD rates could start falling in anticipation. “I believe the Fed's latest rate pause will mean that CD rates will start to come down. These rates could come down before an actual cut is made by the Federal Reserve,” said Faron Daugs, CFP, founder and CEO at Harrison Wallace Financial Group You can earn up to 5.35% annual percentage yield, or APY, with today's top CDs . And since your rate is locked in w Show less Read more
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