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
If you’re struggling to pay off debt and build savings, you’re not alone.
Woman watering plants.
Check out the latest CD rates from Bankrate’s weekly survey of banks and thrifts.
Savings account and money market rate forecast
Expect savings and money market account yields to slide lower, but they still should outpace inflation

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

measuring the waistline of cash bills, comical
A spending diet can help you pursue your financial goals and save cash. Here’s how.
distressed woman with laptop
Here are some smart ways to protect yourself if your digital bank account stops working.
Close up of female accountant or banker making calculations
Take control of your money and build a six-figure financial foundation. Here’s how.
I’ve often referred to 2024 as the year of the certificate of deposit (CD). In tracking CD rates on a daily basis, I’ve seen how yields remain at an overall high, thanks to the Federal Reserve raising [...]
Piggy bank with doctors equipment. Cute and comical
A mid-year checkup is the most effective way to ensure my finances are on track.
Young woman using an ATM
Here’s how to find the nearest ATM in MoneyPass’s fee-free ATM network.
Mature businessman with electric vehicle using ATM machine on footpath
Here’s how to find the nearest ATM in Allpoint’s fee-free ATM network.
Illustration of American reaching for pennies and change
Even before inflation, Americans struggled to save for the future.
Garage sale in grass on street curb with autumn trees background
Here are some places to look for a source of funds.
family financial planning
Here’s how to boost your savings.
Whimsical illustration of a hand putting a quarter into a miniature but realistic high end safe. As if it were a piggy bank
Comparing savings rates can ensure you get the best return on your savings.
Woman watering plants.
Check out the latest CD rates from Bankrate’s weekly survey of banks and thrifts.
Young woman working from her kitchen island and drinking a hot beverage
Here are some of the best savings accounts you can sign up for as a business owner.
Six Bankrate experts share the career moves that let them get ahead financially.
Woman accessing her checking account at home on a laptop
Not paying fees and an easy way to bank should all be priorities. Here are some of our favorites.
man pumping gas into his car
Here are 11 creative ways to save money, regardless of your financial goals.
Fed Chair Jerome Powell speaks during a news conference
Fed officials are trying to prevent an economic slowdown from getting worse.
Illustration of Fed Chair Jerome Powell
Tune in to Bankrate’s live coverage of the Fed’s first rate cut since 2020.
Man using credit card while online
Credit card interest rates have a high mark up over the prime rate. Why are card APRs so high?
If you’re looking at HE loans or have a variable-rate line of credit, pay attention to the Fed.
Women using digital tablet to check her finances at home office
For savers, here’s what to consider when the Fed raises interest rates.
Calm focused female freelancer in casual clothes revising reports while sitting on soft couch at table and using computer in light contemporary apartment
Subprime borrowers are particularly affected by interest rate changes. Here’s how to prepare.
The Federal Reserve’s decisions have ripple effects, including for mortgages.
Banking_How-the-Fed-Rate-Affects-Housing_
The Fed has cut rates by half a percentage point — how will that affect the housing market?
The trusted provider of accurate rates and financial information
Wall Street Journal
Usa Today
New York Times
Cnn
Bloomberg
Abc