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3 reasons to open an 18-month CD before August

Por: CBS News Business July 24, 2024

By opening an 18-month CD now, savers can lock in a high interest rate while they're still readily available. SDI PRODUCTIONS/Getty Images The interest rate climate could soon be changing. Thanks to a consistently cooling inflation rate (), borrowers could soon see relief on everything from mortgages to personal loans and credit cards. While that will be a major boost for those in need of extra financing, it will come at a cost for savers... + full article



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