Certificate of deposit (CD) account rates may have peaked last year, but today's rates are still higher than historical averages. The question is where they'll go next. With rising inflation, an ...

Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com. He writes and edits content about personal finance ranging from savings to investing to insurance.

As savings and deposit rates continue edging down, certificates of deposit stand out by offering something rare in today's economy: certainty. With the Federal Reserve's first policy meeting of 2025 ...

The Federal Reserve decided to hold interest rates steady at its first meeting of 2026, as most analysts expected. The decision comes as inflation remains sticky above the Fed's 2% target while the ...

Today’s highest CD rate is 4.94% for a jumbo 6-month CD. CD rates from online banks are commonly twice as high as the national average rates. CD ladders let you leverage high rates without locking up ...

Three-month CDs are a good option for short-term savings goals. The current average rate on a three-month CD sits at 1.30%, but the highest rate is 4.79%. Last week, three-month CDs earned an average ...