Will Today’s Fed Rate Hike Push CD Rates Even Higher?
Published
In a widely anticipated move, the Federal Reserve announced another interest rate hike today in its bid to tamp down inflation, taking the central bank's benchmark rate to its highest level in 22 years. This is great news for CD shoppers, as it means today's already record-high rates are likely to…
#federalreserve #apy #fdic #ncua