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Stock impact report

Best CD Rates Today, Sept. 10, 2024: Jump on High APYs Before the Fed Cuts Rates [CNET News]

First Internet Bancorp (INBK) 
Last first internet bancorp earnings: 4/22 04:52 pm Check Earnings Report
Company Research Source: CNET News
Opening a CD now allows you to lock in a high APY and shield your earnings from rate drops. The Federal Reserve is poised to cut rates next week, but there's still time to score high returns with a certificate of deposit. Today's best CDs boast annual percentage yields, or APYs, up to 5.25% -- more than twice the national average for some terms. And by opening one of these CDs now, you can lock in a great APY and protect your earnings from anticipated rate drops. With inflation cooling, the Fed is expected to lower interest rates at its upcoming Sept. 17-18 meeting, which means CD rates are likely to fall too. Many banks have already begun lowering APYs in anticipation. So the sooner you open a CD, the better your earning potential could be. Here's where you can snag a top APY today. 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 CommunityWide F Show less Read more
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