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Decide whether to lock a 4% CD rate as Fed timing approaches

MarketWatch says CD rates are largely unchanged now and that they could move after the next Federal Reserve meeting or the one following it.

Reported · Written up by our desk · Fund Industry

CD rates are described as being largely at a standstill, leaving savers to weigh whether to lock in the currently available rate or wait for potential changes later, according to MarketWatch.

The outlet notes that the direction for CD rates likely depends on how the Federal Reserve signals policy after its next meeting, or the meeting after that.

MarketWatch frames the decision around timing, suggesting that shifts in the expected path for rates could translate into changes for CD yields.

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