CD rates today, February 11, 2025 (Lock in up to 4.35% APY)

finance.yahoo.com (nprofile…mr8r)
CD RATES TODAY, FEBRUARY 11, 2025 (LOCK IN UP TO 4.35% APY)

https://s.yimg.com/ny/api/res/1.2/UszNkMVwuN0xp.8Uj44OPg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD02NzU-/https://s.yimg.com/os/creatr-uploaded-images/2024-07/c47b17e0-4f64-11ef-bfe0-fc9ef2fc2991
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✍️ The Federal Reserve lowered the federal funds rate in 2024, leading to a decline in deposit account rates. As a result, certificates of deposit (CDs) with competitive rates are available, paying above 4% APY.
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👉 CD rates are on the decline due to the Federal Reserve's rate cuts
👉 Competitive CD rates are available, paying above 4% APY
👉 The best short-term CDs (six to 12 months) offer rates around 4.00% to 4.50% APY
👉 The highest CD rate is 4.35% APY, offered by Synchrony Bank and LendingClub
👉 CD rates have historically been influenced by economic factors, including the dot-com bubble, the global financial crisis, and the COVID-19 pandemic

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quoting nevent1q…zlxf

finance.yahoo.com (nprofile…mr8r)
https://s.yimg.com/ny/api/res/1.2/UszNkMVwuN0xp.8Uj44OPg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD02NzU-/https://s.yimg.com/os/creatr-uploaded-images/2024-07/c47b17e0-4f64-11ef-bfe0-fc9ef2fc2991

https://finance.yahoo.com/personal-finance/banking/article/cd-rates-today-tuesday-february-11-2025-110052495.html