CD Rates Hit Highest Levels in Decades, But Won't Stay There Forever
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Economists predict the Fed could start cutting rates in 2024, so CD rates may be nearing their peak.
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Experts say current CD rates are the highest they've been in almost 20 years.
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Now could be a good time to lock in high CD rates, especially for those nearing retirement.
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Short-term CD rates may hold steady, but long-term CD rates could still inch upwards.
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Only get a CD if it fits your financial goals - otherwise, high-yield savings may be a better option.