Certificate of deposit (CD) rates have taken a slight hit recently following the Federal Reserve's decision to cut rates three times since September 2024.
Tim Maxwell is a Freelance Personal Finance Contributor. He specializes in a diverse range of topics including finance, personal finance, real estate, and competitive sports, with a focus on markets, mortgage rates, and insurance. Tim's work has been featured in prominent outlets such as Yahoo News, Fox Business Network, Newsweek, and CBS News.