Skip to Main Content

Banking News

The latest in banking news, surveys and statistics from our Bankrate experts.

Recommended reading

Money next to flashing sirens
Woman watering plants.
Savings account and money market rate forecast

Exclusive insights from our expert analysts

“The sooner you lock in [with a CD rate], the better, because yields have peaked, but inflation is going to continue to decline throughout 2024.”

– Greg McBride, CFA

CD rates forecast for 2024: Expect banner year for savers with strong yields, lower inflation rate

The year 2023 came to a close with yields that had peaked on certificates of deposit (CDs) and other deposit accounts. Although Federal Reserve rate cuts are possible in 2024, it should remain a strong year for savers as annual percentage yields (APYs) stay high overall and inflation hopefully cools further.
Read more

Experts in all things finance

Our expert reporters and editors bring the news and analysis you need—backed by data and firsthand experience.

About Bankrate
Greg McBride

Greg McBride, CFA Arrow Right Icon

Chief Financial Analyst

Sarah Foster

Sarah Foster Arrow Right Icon

Principal U.S. Economy Reporter

Mark Hamrick

Mark Hamrick Arrow Right Icon

Senior Economic Analyst

Latest articles

Father helps son with his homework
Chicago's United Center Opens As Mass Vaccination Site
A caregiver helps an older woman.
Federal Reserve Chairman Jerome Powell speaks to reporters at a post-meeting press conference.
House Speaker Nancy Pelosi speaks during a news conference about the $1.9 trillion coronavirus relief bill.
A person passes a closed storefront in Patchogue, New York
Federal Reserve Chairman Jerome Powell speaks at a testimony before Congress
Navy Federal Credit Union opened a branch on Jan. 11 in Douglasville, Georgia.
Whimsical illustration of a hand putting a quarter into a miniature but realistic high end safe. As if it were a piggy bank
Financial manager meeting with couple in bank branch office
Woman watering plants.
signage outside the federal deposit insurance corporation headquarters
Businesswoman looking out window while seated at desk in office
Side view of father cooking food while daughter having apple in kitchen
Pink piggy bank stuffed with dollar bills
Women using tablet
Home decorated for autumn
Fed Chair Powell Holds News Conference Following FOMC Rate Decision
US-ECONOMY-FEDERAL RESERVE-RATE-POWELL
Outside of the Federal Reserve building
Couple buying a car
Calm focused female freelancer in casual clothes revising reports while sitting on soft couch at table and using computer in light contemporary apartment
The trusted provider of accurate rates and financial information
Wall Street Journal
Usa Today
New York Times
Cnn
Bloomberg
Abc