National average CD rates are higher than in years past but are starting to fall. The average 12-month CD earns 1.75% as of May 2025, according to FDIC data. After steady increases over the past ...

“We do know that CD rates in the market came down when the Fed decreased rates last fall,” says Andy Levin, vice president of consumer deposits at LendingClub. So far in 2025, CD rates have ...

But if you want to maximize your earnings, it's wise to act now. "CD rates may remain unchanged in May, but they should drift lower by June," said Noah Damsky, CFA, principal of Marina Wealth ...

When the Fed raises the federal funds rate, CD rates will often rise. Conversely, CD rates will often fall when the Fed cuts the federal funds rate. While 3-month CDs currently offer higher rates ...