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Bankrate’s 2025 Emergency Savings Report

Banking
New Bankrate data shows the economy is making it harder for Americans to save.
By Lane Gillespie
13 min read
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Current CD rates for February 2025

Banking
Check out the latest CD rates from Bankrate’s weekly survey of banks and thrifts.
By Matthew Goldberg
4 min read
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Savings and money market account rates forecast for 2025: Yields will dip but remain higher than inflation

Banking
Expect savings and money market account yields to slide lower, but they still should outpace inflation
By Matthew Goldberg
3 min read

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

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About Bankrate
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Chief Financial Analyst

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Principal U.S. Economy Reporter

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Senior Economic Analyst

Latest articles

A mid adult woman sits at the counter in her kitchen and uses a laptop computer for online banking while managing her personal finances.

Delaying deposit decisions? Consider the cost before waiting on the Fed

Don’t wait for the next Fed meeting to see where rates go before opening a deposit account.
Feb 04, 2025
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5 CDs to consider before another Fed rate cut

As the Fed is cutting interest rates, consider these certificates of deposit (CDs)
Jan 30, 2025
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Which CD term is best in a lower rate environment?

Find out which CD term is best for your financial goals in a lower rate environment.
Jan 30, 2025

Fed pauses interest rate cuts despite Trump’s call to lower rates ‘immediately’

Interest rates are not coming down as quickly as they surged.
Jan 29, 2025
Women using digital tablet to check her finances at home office

How the Federal Reserve impacts savings account interest rates

For savers, here’s what to consider when the Fed lowers interest rates.
Jan 29, 2025
Fed Chair Jerome Powell speaks during a Senate Banking, Housing, and Urban Affairs Committee hearing.

The Fed didn’t cut interest rates this month. Here are 12 key money moves to make

The Fed’s rate cuts might be on pause. Here’s what you should do as a consumer.
Jan 29, 2025
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Fed’s interest rate history: The federal funds rate from 1981 to the present

The key benchmark has been as high as 20 percent — and as low as 0 percent.
Jan 29, 2025
Fed chair Jerome Powell speaks to reporters at a Fed meeting

Biggest winners and losers from the Fed’s latest meeting

The Federal Reserve announced that it’s holding interest rates steady following its Jan. 28-29 meeting.
Jan 29, 2025
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Here’s everything savers need to know about APY

The APY percentage shows how much an account earns per year. Here’s what you need to know.
Feb 05, 2025
Man using tablet PC while having coffee at cafe

FDIC insurance limits: 5 best ways to insure excess deposits

Use these strategies to keep your deposits safe when they top FDIC limits.
Feb 05, 2025
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6 early payday apps

Bills are due but payday is days off? These options can help you stretch your funds.
Feb 05, 2025
Pedestrians walking by TD Bank

How many bank accounts should you have?

Learn about the benefits of having multiple bank accounts and what to look for.
Feb 04, 2025
person looking at computer while sitting on balcony

Comparing checking accounts: 7 top features to look for

Finding the account of your dreams comes down to knowing what you want and the features you value most.
Feb 04, 2025
person sitting on the couch and working on laptop

ACH vs. wire transfers: What’s the difference?

Some of the most common ways to send or receive money electronically include ACH and wire transfers.
Feb 04, 2025
A mid adult woman sits at the counter in her kitchen and uses a laptop computer for online banking while managing her personal finances.

Delaying deposit decisions? Consider the cost before waiting on the Fed

Don’t wait for the next Fed meeting to see where rates go before opening a deposit account.
Feb 04, 2025
FDIC building in Washington DC

FDIC insurance: What it is and how it works

One of the most ubiquitous signs in the banking world is “Member FDIC.” Here’s what it means.
Feb 04, 2025
Chairman of the Federal Reserve nominee Jerome Powell is sworn in during his confirmation hearing before the Senate Banking, Housing and Urban Affairs Committee

Meet Jerome Powell, the new chair of the Federal Reserve

Learn all about Jerome Powell, who is presiding over his first FOMC policy meeting.
Mar 21, 2018
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