Here's why you should open a CD account before the Fed's next meeting
Yahoo Finance·2024-06-14 07:16
Knowing how the Federal Reserve’s monetary policy decisions impact your interest earnings over time is key to making an informed decision about where to put your money. With another potential rate cut this week, a certificate of deposit (CD) may be the best option. CDs can be a smart way to guarantee steady returns, especially if interest rates are expected to fall in the near future. Here's why you may want to consider opening a CD before the Fed's next meeting. What is a certificate of deposit (CD)? ...