"Maximize Your Savings with Today's Top CD Rates and Long-Term Options"

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Source: Investopedia
"Maximize Your Savings with Today's Top CD Rates and Long-Term Options"
Photo: Investopedia
TL;DR Summary

The top-paying certificates of deposit (CDs) in the US saw mixed results today, with the leading rate on a 1-year CD dropping from 5.50% APY to 5.42% APY. However, the overall highest rate remains at 5.65% APY on a 9-month term, and the number of CDs paying at least 5.25% APY increased to 38. The Federal Reserve held the federal funds rate steady at its recent meeting but signaled that it may raise rates in the future, potentially causing CD rates to rise further.

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