CD Rates Play Hard to Get as Fed Flirts with Cuts
Key Points
- The Federal Reserve's recent rate cuts have made CD rates at...
Money just got more complicated than explaining cryptocurrency to your grandma! The Federal Reserve's recent monetary policy shifts have turned the financial world into quite the spectacle, especially after their third consecutive rate cut in December 2024.
The Fed's Dating Game
Certificate of deposit (CD) rates are currently strutting their stuff at a flirty 4.50% for three to six-month terms. But don't get too attached - these beauties might not stick around for long, as economists hint at more rate cuts coming faster than free donuts disappear from the break room.
Playing Hard to Get ...
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