Will Cd Interest Rates Go Down In 2024. January 31, 2024 / 10:26 am. Best cd rates for may 2024:
Annual percentage yields (apys) shown are as of may 1, 2024. Cd interest rates could stay elevated into 2024, according to some experts.
But With No Change To Rates Since December 2023, It Doesn’t.
A recent bankrate study found that 78% of economists expect that fed rate cuts won't begin until 2024.
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Cd account interest rates will drop.
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Next Year, The Story Could End Up Changing A Bit For Cds.
If you're able, stretching to a cd term of 2 years or more will lock in today's historically high rates for much longer.
According To The Minutes From The December Meeting, Released On January 3, Updated Projections “Implied That A Lower Target Range.
Anticipated federal funds rate cuts may lead to lower cd rates.
When Might Rates Go Down?
