Federal Reserve lowers interest rates, impacting deposit account rates, but CD rates remain competitive.

From Yahoo Finance: 2025-03-31 06:00:00

The Federal Reserve has lowered interest rates, impacting deposit account rates. CD rates remain competitive, with some institutions offering 4.00%-4.50% APY. Online banks and credit unions typically offer better rates than traditional banks. Consider factors like minimum deposits and terms before opening a CD for the best rate and terms.

Read more: CD rates today, March 31, 2025 (Lock in up to 4.50% APY)