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Stock impact report

Lock In a High APY Before Tomorrow's Fed Decision. Today's CD Rates, Dec. 18, 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
Opening a CD now allows you to shield your earnings from rate cuts. Certificate of deposit rates remain attractive despite dropping in recent months. They're likely to keep falling in the coming months, especially if the Federal Reserve cuts interest rates tomorrow as expected. So, the sooner you open a CD, the more you stand to earn. Your annual percentage yield is fixed when you open a CD. That means your returns stay the same even if rates fall. By opening one of today's top CDs , you can lock in an APY of up to 4.70% and protect your earnings from additional rate drops. Here are some of the highest CD rates right now and how much you could earn by depositing $5,000. 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 tomorrow's Fed decision means for CD rates The Fed meets for a final time this year on Dec. 17-18. It doesn' Show less Read more
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