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Bankrate’s 2025 Annual Emergency Savings Report

Banking
New Bankrate data shows many Americans are slowly making progress on their savings.
By Lane Gillespie
12 min read
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Current CD rates for March 2025

Banking
Check out the latest CD rates from Bankrate’s weekly survey of banks and thrifts.
By Karen Bennett
4 min read
A graphic of origami of a dollar bill folded to look like a piggy bank with a penny on top.

Savings and money market account rates forecast for 2025: Yields will dip but remain higher than inflation

Banking
Expect savings and money market account yields to slide lower, but they still should outpace inflation
By Matthew Goldberg
3 min read

Exclusive insights from our expert analysts

“It will be another year where the highest-yielding savings accounts, money markets and CDs outpace inflation while the averages — and the offerings at most banks — fall well short.”

– Greg McBride, CFA

CD rates forecast for 2025: Top yields will decline, yet they’ll outpace inflation

The year 2024 came to a close with yields having declined on many certificates of deposit (CDs), spurred by three Federal Reserve rate cuts, although savers were still able to benefit from locking in strong yields. Even if yields on competitive deposit accounts decrease further in 2025, they’re still expected to outpace inflation.
Read more

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Chief Financial Analyst

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Principal U.S. Economy Reporter

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Senior Economic Analyst

Latest articles

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Inflation slowed more than expected last month, but prices remain high — here’s what’s rising most

You might not feel better about inflation because prices are still up post-pandemic.
Mar 22, 2025
Design element of cargo containers with nation flags on them

We asked 3 experts: How will tariffs affect my wallet?

Trump has made tariffs an economic priority — experts share how you may be affected.
Mar 21, 2025
A headshot of Hanna Hovarth, a woman with blonde shoulder length hair wearing a black shirt. Next to her is a money bag with a dollar sign on it.

A CFP’s 5-step plan to combat stubborn inflation

A certified financial planner shares a practical five-step strategy to protect your finances from inflation’s ongoing impact.
Mar 20, 2025
Fed Chair Powell Holds News Conference Following FOMC Rate Decision

The Federal Reserve’s latest dot plot, explained – and what it says about interest rate cuts

This Fed communication tool is important, but be cautious when interpreting it.
Mar 19, 2025
Jerome Powell, chair of the US Federal Reserve, speaks during a news conference following a Federal Open Market Committee (FOMC) meeting.

The Fed keeps rates steady while warning of increasingly uncertain economic outlook

Uncertainty over President Donald Trump’s policies is keeping the Fed on the sidelines, at least for now.
Mar 19, 2025
Federal Reserve Eccles Building illustration

Fed’s interest rate history: The federal funds rate from 1981 to the present

The key benchmark has been as high as 20 percent — and as low as 0 percent.
Mar 19, 2025
Federal Reserve Chair Jerome Powell.

Biggest winners and losers from the Fed’s latest meeting

The Federal Reserve announced that it’s holding interest rates steady following its March 18-19 meeting.
Mar 19, 2025
Illustration of Fed Chair Jerome Powell

March Fed meeting recap: Powell acknowledges that Trump tariffs are already boosting inflation as Fed keeps rates steady

Bankrate’s experts are reacting live to the Fed’s latest interest rate decision.
Mar 19, 2025
FDIC building in Washington DC

Robinhood, looking beyond brokerage, seeks bank charter to expand into deposits, credit cards

The free stock trading outfit had previously walked back deposit product plans.
Apr 25, 2019
Federel Reserve building

Fed officials say rates could shift in ‘either direction’ depending on economic growth

Federal Reserve officials are giving themselves room to be flexible with monetary policy.
Apr 10, 2019
Woman using a calculator

Why banks are suddenly so interested in pitching ways to improve your wealth

Challenged by fintech startups, banks are pushing new services to customers.
Mar 27, 2019
Jerome Powell Fed FOMC Decision Day

Federal Reserve leaves interest rates unchanged, sees no more hikes this year

The Fed voted to leave interest rates alone for the second-straight meeting.
Mar 20, 2019
Bank teller with customer

How bank tellers quietly disappeared from America, and what that means for consumers

Branch banking is rapidly changing with the rise of automation and fintech.
Mar 20, 2019
Americans crossing the street in the rain

Survey: 21% of working Americans aren’t saving anything at all

Many Americans are adding nothing to their savings. These are the biggest reasons.
Mar 14, 2019
Jerome Powell at Fed meeting

Powell promotes rate pause in final remarks before upcoming Fed meeting

Fed Chairman Jerome Powell said the U.S. central bank is in no rush to adjust rates.
Mar 11, 2019
Friends looking at phone

Paying people back is easier than ever using apps — but so is making accidental payments

You just sent money to a stranger. So, how do you get it back?
Mar 05, 2019
Home decorated for autumn

Is it time to tap your home equity, even though the Fed’s paused interest-rate cuts?

It just might be. But don’t forget the fundamentals of how home equity loans work.
Mar 20, 2025
Fed Chair Powell Holds News Conference Following FOMC Rate Decision

The Federal Reserve’s latest dot plot, explained – and what it says about interest rate cuts

This Fed communication tool is important, but be cautious when interpreting it.
Mar 19, 2025
Jerome Powell, chair of the US Federal Reserve, speaks during a news conference following a Federal Open Market Committee (FOMC) meeting.

The Fed keeps rates steady while warning of increasingly uncertain economic outlook

Uncertainty over President Donald Trump’s policies is keeping the Fed on the sidelines, at least for now.
Mar 19, 2025
New Friends Walking on University Campus

How the Fed rate changes impact student loan interest rates

The Federal Reserve’s actions can influence student loan interest rates.
Mar 19, 2025

How does the Federal Reserve affect mortgages?

The Federal Reserve’s decisions have ripple effects, including for mortgages.
Mar 19, 2025
US-ECONOMY-FEDERAL RESERVE-RATE-POWELL

How the Federal Reserve affects business loans

The Fed’s rate hold means loans costs are sticking. Here’s what it means for your business.
Mar 19, 2025

How the Federal Reserve affects HELOCs and home equity loans

If you’re looking at HE Loans or have a variable-rate line of credit, pay attention to the Fed.
Mar 19, 2025
Calm focused female freelancer in casual clothes revising reports while sitting on soft couch at table and using computer in light contemporary apartment

Subprime cardholders still feeling the sting despite Fed holding rates steady

Subprime borrowers are particularly affected by interest rate changes. Here’s how to prepare.
Mar 19, 2025
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