CD rates have started to dropīanks tend to adjust their CD and savings account rates in step with the federal funds rate, which determines how much banks charge to lend and borrow money.
Earnings are based on APYs and assume interest is compounded annually. 15, 2023, based on the banks we track at CNET.
Here are some of the best CD rates available right now and how much you could earn if you deposited $5,000 today.
