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“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.”
CD rates forecast for 2024: Expect banner year for savers with strong yields, lower inflation rate
Federal reserve
What is inflation?
Here’s a breakdown of what inflation is and isn’t, as well as why it matters so much for your wallet.
Signs of a recession
The U.S. economy looks like it's still on stable footing, but high inflation and rising interest rates could challenge that down the road.
Fed's interest rate decision
The biggest winners and losers from the Fed's interest rate decision.
FOMC: what to expect
Fed meeting preview: As unemployment rises and inflation slows, should officials cut interest rates now?
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About Bankrate![Greg McBride](https://www.bankrate.com/f/102997/284x296/e82ff353b1/br-expert-greg.png?auto=webp&optimize=high)
Chief Financial Analyst
![Sarah Foster](https://www.bankrate.com/f/102997/284x296/7fb8678166/br-expert-sarah.png?auto=webp&optimize=high)
Principal U.S. Economy Reporter
![Mark Hamrick](https://www.bankrate.com/f/102997/284x296/4056ed19a3/br-expert-mark.png?auto=webp&optimize=high)
Senior Economic Analyst
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