The Federal Reserve concluded its fourth meeting of the year by keeping the federal funds rate (FFR) at 4.25-4.50%, as ...

For most of 2024, the federal funds effective rate stayed steady at 5.33% ... The Federal Reserve publishes a chart of historical interest rates for 3-month CDs. It currently shows monthly ...

Before learning about historical rates ... competitive CD rates close to the national rate cap. Beginning in April 2022, the effective federal funds rate rose dramatically, from 0.33% in April ...

As of Sept. 18, the federal funds rate is 4.75% to 5%. Following its meeting on that date, the FOMC cut the rate by 0.50%, from 5.25% to 5.50%. It was the first rate reduction since March 2020.

Even so, the federal funds rate remains the highest ... To help consumers understand the historical significance of the Fed’s rapid rate hikes in the post-pandemic era, Bankrate compiled this ...

When the prime rate goes up, you can expect CD rates to rise. Do CD rates go up during a recession? Historical data suggests that CD rates track the federal funds rate, which has held true during ...

CD rates move in tandem with the federal funds rate, the benchmark interest rate set by the Federal Reserve. Yields on CDs rose above 10% in the early 1980s when the Fed set interest rates well ...

The trend in short-term rates leading up to the U.S. presidential election usually persists Short-term U.S. interest rates are likely to be lower on Inauguration Day in 2025 than they are now, and ...

After its last policy meeting in July, the Fed kept its benchmark federal funds ... rate to a range of 5% to 5.25%. That 25-basis-point cut would be in line with the Fed's historical preference ...

To help you learn more about how CD rates have fluctuated over time, we've gathered data on historical CD rates ... CD rates are impacted by the federal funds rate, which is the interest rate ...