Por: CBS News Business September 25, 2023
By opening a top-earning CD now, savers could make hundreds of dollars more on their money. Getty Images After nearly a year of signs that inflation was cooling off, it actually rose again in and again in , giving many experts pause. While the hope was that inflation would hit the Federal Reserve's target of 2%, the summer performance fell short. Against this backdrop, the benchmark interest rate hit in July and has remained there since ().... + full article
CBS News USA Business August 11, 2023
CD laddering is a strategy in which you open multiple CDs with different term lengths. Getty Images A can be a great way to keep your savings safe while also earning interest. CDs tend to offer higher interest rates than even high-yield savings accounts, allowing you to and... + más
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CBS News USA Business June 22, 2023
Both short-term and long-term CDs have unique benefits in today's rate environment. Getty Images/iStockphoto In an economy still coping with and high , it can be difficult to find a good deal. Rates are higher on everything from personal loans to credit cards to mortgages.... + más
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Why you should open a short-term CD right now | CBS News
CBS News USA Business June 03, 2023
CDs are a safe and easy way to grow your savings. Getty Images Some people shy away from because they're considered complicated or outdated financial products. After all, we're all familiar with how checking and savings accounts work, but many people aren't clear... + más
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CBS News USA Business May 31, 2023
No-penalty CDs allow you to withdraw your balance before the term ends, without any fee. Getty Images After ten consecutive federal interest rate increases, the Federal Reserve is that it may soon be prepared to pause rates. If federal interest rates are near their peak, savers... + más
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CBS News USA Business May 25, 2023
CDs with terms between six months and one year offer some of the best savings rates today. tamani chithambo/Getty Images Today's can help savers earn more on their balance over time. But to maximize your earnings, you'll want to make sure you choose the and your... + más
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CBS News USA Business May 23, 2023
There are multiple CDs currently available with high interest rates and no penalties. Getty Images A can be a great savings tool. Unlike , whose interest rates vary with the current rate environment, CDs lock in a rate when you open them. If you open one , you'll be... + más
What’s the right amount to put into CDs? Here’s how to figure it out. | MarketWatch
Short-term vs. long-term CDs: Which is better in today's economy? | CBS News
CBS News USA Business April 12, 2023
Different CD terms suit different savings goals. Getty Images In today's high interest rate environment, a can be a great place to keep the money you're saving for the future. A CD can even help you boost your savings with a . But CDs also have certain restrictions... + más
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