Will a CD still be worth it after the Fed cuts rates? Experts ... - MSN

Still, the Fed's initial rate cut is expected to be modest, so even if CD rates fall, they're unlikely to fall dramatically. As a result, CDs and high-yield savings accounts should remain a good ...

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Will CDs Still Be Worth It After The Fed Cuts Rates? - MSN

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The current federal funds rate is 5.33% so, relatively speaking, a quarter-point cut isn't huge. You're still likely to find plenty of competitive short-term CDs offering APYs over 5.00% after …

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Will CDs Still Be Worth Opening After The Fed Cuts Interest Rates?

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Once the Fed cuts rates, CD rates should follow suit. So while it may be possible to snag a 5% APY on a 12-month CD right now, after the Fed's first rate cut hits, that may be tougher.

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CD Rates Could Change In 2025. Will They Still Be A Good Buy?

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Jan 8, 2025 · Why CDs Can Still Be a Good Buy . In 2024, many banks and credit unions offered CDs with rates over 5.00%. Although rates are expected to decline, CDs may still be valuable …

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Why You Should Open A CD Even As The Fed Continues To Cut Rates

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Nov 5, 2024 · Remember, CD interest rates follow what the Fed does but they don't mirror it directly. As such, you can still find a CD with a rate close to 5% right now. And additional cuts …

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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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Is A CD Still Worth It Now That The Fed Has Cut Rates? - MSN

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For example, a $5,000 deposit into a 1-year CD with a rate of 5.40% could earn you $270 upon account maturity. If you double that deposit amount and simply keep the same term you'll also …

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Which CD Account Should You Open Now That The Fed's Cut Rates …

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And considering that CD rates were barely above 1% in 2020 or 2021, locking in today's still attractive rates for the long term can be beneficial for a wide swath of savers. Get started with …

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FAQs about Will a CD still be worth it after the Fed cuts rates? Experts ... - MSN Coupon?

Did the Fed cut CD rates all at once?

But as mentioned, the Fed didn't cut rates dramatically all at once, so it's likely that the short-term CD rates being offered by the best online banks aren't that much lower than they were before the Fed's rate cut. Long-term CDs tend to not follow the Fed's move as closely. ...

How does the FED rate affect CD rates?

While the Fed rate doesn't directly impact the rates on savings accounts and CDs, the two generally move in the same direction. So the question remains: How long will these high CD rates last? And if the Fed does cut rates, how far will CD rates have to fall? Find out the best CD options available to you today. ...

Will a FED rate cut make CD accounts less attractive?

While a Fed rate cut may seem to make CD accounts less attractive, there's a compelling case to be made for opening one now while the benefits are still significant. Here are three reasons why you should: CD interest rates are still relatively high right now, with today's rate cut already priced in by many lenders. ...

What if CD rates fall?

Still, the Fed's initial rate cut is expected to be modest, so even if CD rates fall, they're unlikely to fall dramatically. As a result, CDs and high-yield savings accounts should remain a good savings option, at least over the short term. ...

Can you still open high-yield CDs after FED rate cuts?

This was just the first Fed rate cut after a long series of rate increases, and you can still open high-yield CDs with top-rated online banks. If you're looking to lock in today's CD yields before the Fed cuts rates any further, check out our list of the best CD rates today. ...

Will the Fed cut CD rates if inflation is under control?

What goes up must come down, though, and at some point, the Fed is likely to make rate cuts once inflation is under control. While the Fed rate doesn't directly impact the rates on savings accounts and CDs, the two generally move in the same direction. So the question remains: How long will these high CD rates last? ...