Industry Updates

cd interest rates

2023: Year of the CD (Certificates of Deposit) Comeback

The Federal Reserve has been hiking federal funds rates since 2022 – a total of 11 rate hikes, a solution the central bank hopes can slow down the economy enough to moderate price growth. In 2023, more financial institutions were offering CDs and competition continued to grow which has been good for savers. In 2023, …

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CNBC Your Money: The Untapped Savings Opportunity You’re Missing

As Certificates of Deposit (CDs) become a popular savings strategy due to rising interest rates – the highest they’ve been in 22 years – it’s left many wondering how they can utilize CDs to optimize their savings in today’s current economy.   Joining CNBC’s Your Money session, “The Untapped Savings Opportunity You’re Missing,” CD Valet Founder …

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