Commissions do not affect our editors' opinions or evaluations. After climbing for the past couple of years, CD rates have been slowly declining in 2024. CD rates tend to track the federal funds rate.

Generally, the federal funds rate impacts CD rates, so CD rates have been relatively stable since March as well. That said, CD rates are likely to continue falling throughout 2025. At Business ...

A no-penalty certificate of deposit is a type of CD that charges no fee for withdrawing money before the term expires. It offers more flexibility than other CDs. Strict editorial guidelines to ...