Getting the most out of CDs this spring depends on multiple factors. Here's what some experts recommend savers do.
With the Federal Reserve once again holding rates steady following its March meeting, savers have a continued opportunity to benefit from high interest rates on certificates of deposit accounts. In today's environment, savers can find CDs paying above a 5% annual percentage yield . However, the Fed still foresees three rate cuts happening later this year, and that could cause CD rates to fall too.
Lock in long-term CD ratesWhile you might find higher rates right now with short-term CDs, it's possible that you'd be better off with a long-term CD.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Challenging Long-Standing Climate Assumptions: Earth Is Getting Hotter, but Soil Is Getting WetterScience, Space and Technology News 2024
Lire la suite »
Why do short-term CDs have higher rates than long-term ones right now?In a historic reversal, short-term CDs often have higher interest rates than long-term ones right now. Here's why.
Lire la suite »
Vinyl records outsell CDs for the second year runningThe RIAA’s latest music revenue report shows that vinyl outsold CDs by more than 2 to 1, with physical media accounting for 11 percent of overall music revenue in 2023.
Lire la suite »
Vinyl records outsold CDs for the second year runningAndrew Paul is Popular Science‘s staff writer covering tech news. Previously, he was a regular contributor to The A.V. Club and Input, and has had recent work featured by Rolling Stone, Fangoria, GQ, Slate, NBC, as well as McSweeney’s Internet Tendency. He lives outside Indianapolis.
Lire la suite »
T-Mobile subscribers are getting the perfect reward for upcoming sunny, summer daysAlan, an ardent smartphone enthusiast and a veteran writer at PhoneArena since 2009, has witnessed and chronicled the transformative years of mobile technology. Owning iconic phones from the original iPhone to the iPhone 11 Pro Max, he has seen smartphones evolve into a global phenomenon.
Lire la suite »
Justin Fields posts farewell after getting traded to Steelers: 'Can't say thank you enough'Quarterback Justin Fields posted a farewell to the Bears and Chicago on social media after he was traded to the Pittsburgh Steelers Saturday.
Lire la suite »