"Maximize Your Savings with Today's Top CD and Money Market Rates"

CD rates continue to climb higher ahead of the Federal Reserve's expected rate increase tomorrow. Currently, there are 31 CDs paying at least 5.35% APY, with the highest rate being 5.75% APY for a 14-month term. Many banks and credit unions have been raising their CD yields in anticipation of the Fed's decision. While there is a possibility of further rate increases, recent signs of cooling inflation have led to predictions that this may be the last rate hike of 2023. It is expected that CD rates will see a slight increase following the Fed's decision.