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.
A graphic of origami of a dollar bill folded to look like a piggy bank with a penny on top.

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

People walking back and forth in front of Capital One Bank entrance.
Image showing a dumbbell wrapped with U.S. dollar bills
Illustration of Fed Chair Jerome Powell and money
A graphic of origami of a dollar bill folded to look like a piggy bank with a penny on top.
Pink piggy bank stuffed with dollar bills
Woman checks mail
Calendar of 2023
Illustration of worker juggling dollar bills over a background of a line signifying rising inflation
Young Woman Checking Her Finances At Home
loan manager with paperwork talking with client in bank branch
An attractive African American female creates content with a video camera in a bright office.
A father multi-tasks with his young son.
Young Asian woman using smartphone while relaxing on armchair, checking her bank account via online banking and managing her finances. Online personal banking. Wealth management. Digital banking habits. Smart banking with technology
man using his cell phone
Bankrate writer Karen Bennett and editor Marc Wojno pose in a selfie at the Money 20/20 conference in Las Vegas.
Hand holidng a credit ard
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
The trusted provider of accurate rates and financial information
Wall Street Journal
Usa Today
New York Times
Cnn
Bloomberg
Abc