Investors Brace for the End of 5% CDs and a Potential Fed Shift
Cash investors who have been benefiting from higher interest rates may be reaching the peak as the Federal Reserve pauses on further rate hikes. With the target range for the Fed's key interest rate at its highest in two decades, savers have been able to secure better yields. However, the pause in rate hikes suggests that the window for cash savers to take advantage of current interest rates may be closing soon.