Best CD Rates This Week: Act Now to Take Advantage of the Fed's Rate Pause

You can earn up to 4.50% APY with today's top CDs. Sarah Tew/CNET This week's Federal Reserve rate pause is good news for savers. But with rate cuts expected later this year, now's the time to take advantage of high annual percentage yields while they're still around. "CDs offer yield and fixed income, which can be a welcome source of stability in such a volatile political and economic environment," said Noah Damsky, CFA, Principal of Marina Wealth Advisors. "If you're looking to earn a stable income, sleep well at night and avoid the gyrations of the stock market, then CDs can be a great option." Today's top CDs still earn up to 4.50% APYs but rates have been slipping in recent months. And with a recession looming, APYs are likely to keep falling. So the sooner you lock in your APY, the greater your earnings could be. Best CD rates this week Term Highest APY* Bank Estimated earnings on $1,000 deposit Estimated earnings on $5,000 deposit Estimated earnings on $10,000 deposit 6 mont ... Read full article.