Why a 5-Year CD is Your Best Bet After the Fed Meeting

Jan 31, 2025 · 5-Year CDs we recommend after the Fed meeting. With 5-year CD rates still well above 4%, this is a great time to lock in inflation-beating yields for the long term.

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Why A 5-Year CD Is Your Best Bet After The Fed Meeting

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Jan 31, 2025 · 5-Year CDs we recommend after the Fed meeting. With 5-year CD rates still well above 4%, this is a great time to lock in inflation-beating yields for the long term.

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Why You Should Open A Long-term CD After This Week's Fed Meeting

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Apr 30, 2024 · Rates are already elevated. Even if rates stay exactly where they are on Thursday morning, it still makes sense to open one of these accounts now. You can earn 4% or 5% or …

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Why 2025 Will Likely Be Better Than You Expected For Savings And …

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Jan 3, 2025 · Though down from 20-year highs, the best high-yield savings accounts and top nationwide CDs still pay 4%–5% on your cash in the bank. The full article continues below …

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4 Smart Places To Safely Stash Savings Now That The Fed

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Nov 14, 2024 · The best CDs up to 1 year long are paying 5.00% to 5.50%. Longer CDs are also wise since they extend your rate lock further. Right now, you can earn 4.3% to 4.65% with the …

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Why CDs Are Still A Good Investment After The Fed Interest Rate …

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In light of that, you might struggle to find a 5% CD. In fact, 5% CDs began disappearing ahead of an official rate cut. And since the Fed isn't done lowering rates, CD rates could continue to ...

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You Can Still Snag A 5%-or-higher-paying CD - MarketWatch

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Jul 3, 2024 · That means over three years, you could have the option to roll $10,000 into three consecutive 1-year CDs starting at 5.25% the first year, 4.25% the year after and 3.25% two …

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Are CDs Still A Good Investment After The Fed Rate Cuts? - MSN

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After months of speculation, the Federal Reserve has cut rates by 0.5%. This is likely the first of several rate cuts, which will come as a relief for borrowers. For savers, it means the high ...

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What To Do With Your Savings Before The Fed's Meeting Next Week

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Oct 30, 2024 · With a Fed rate cut likely coming, a CD rate lock is very smart right now. Choose from a dozen short-term offers paying 5% and up, or CDs that guarantee 4% or more for 2–5 …

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Pivot To Brokered CDs Yielding Over 5% Now Before They Are Gone

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Nov 14, 2023 · 5-year brokered CDs may be your best bet now, especially as competing high yield bonds may be a poorer investment for reasons we will explore. ... Right now there are a …

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FAQs about Why a 5-Year CD is Your Best Bet After the Fed Meeting Coupon?

Should I open a 5-year CD after the FED's rate cut?

And since rates on CDs are fixed, you can take advantage of high rates for an extended period of time by opening a 5-year CD, which is why we recommend comparing short-term and long-term CDs following the Fed's rate cut. If you want to access your money before your term expires, your penalty fee might negate the interest earned. ...

Will the Fed cut CD rates again in 2025?

Some of the top CDs offer over 4%. Moreover, the Fed meets again on January 28-29. While there might be fewer rate cuts in 2025, staying ahead of the game means taking advantage of higher CD rates while they're still available in case the Fed decides to cut rates again. You can use our tool — powered by Bankrate — to compare CD rates below. ...

Can you find a 5% CD after the Federal Reserve cut?

For months, there's been talk of the Federal Reserve cutting interest rates. And on Sept. 18, the central bank finally took action by lowering its benchmark interest rate by half a percentage point. In light of that, you might struggle to find a 5% CD. In fact, 5% CDs began disappearing ahead of an official rate cut. ...

Why do CD rates fall?

CD rates are based on market factors including the federal funds rate, so as the Fed lowers its rate, CD rates often fall. What is a CD? Like savings accounts, CDs are frequently offered by local banks, and your principal is backed by the Federal Deposit Insurance Corp. (FDIC). ...

Should you reassess CDs and high-yield savings accounts before a FED rate cut?

With rates dropping, now is a good time to reassess your approach to CDs and high-yield savings accounts to make sure you get the most out of your money. Here’s what you should do about CDs and high-yield savings accounts before the Fed might cut rates again. What should savers do about CDs and high-yield accounts before a Fed rate cut? HYSAs ...

Are 5 year CDs influenced by Federal Reserve rate changes?

Although these longer-maturity CDs aren't as heavily influenced by Federal Reserve rate movements as their shorter-term counterparts, any future rate cuts will potentially lead to lower yields. Five-year CDs are generally available at national banks, local and regional banks, credit unions and online banks. ...