Interest Rates Are Still High, and CDs Are Paying Big This Summer
CDs are quietly winning with guaranteed returns. Kristina Kokhanova/Getty Images All the financial headlines talk about interest rates being at 20-year highs. We're living in a rare period with certificates of deposit offering yields we haven't seen in over a decade. The Federal Reserve meets tomorrow, but it won't cut interest rates until the fall at the earliest. The other day, I realized I wasn't taking advantage of the moment. I was staring at my static savings account balance, kind of lik