Fed's Rate Pause Creates a Last Chance for Savers to Lock In High CD Rates The Federal Reserve's decision to leave interest rates unchanged this year has sent a signal that savers should lock in high CD rates before they potentially move further upwards.
The highest CD rate, offered by Marcus by Goldman Sachs on its 18 month CD, stands at an impressive 4. 35% APY.
This development comes as a relief for those seeking decent returns on their savings, but also raises questions about the sustainability of these high rates in the long term.