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Bankrate’s 2025 Emergency Savings Report

Banking
New Bankrate data shows the economy is making it harder for Americans to save.
By Lane Gillespie
13 min read
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Current CD rates for January 2025

Banking
Check out the latest CD rates from Bankrate’s weekly survey of banks and thrifts.
By Matthew Goldberg
4 min read
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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

“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

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Latest articles

Money next to flashing sirens

Bankrate’s 2025 Emergency Savings Report

New Bankrate data shows the economy is making it harder for Americans to save.
Jan 23, 2025
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Which CD term is best in a lower rate environment?

Find out which CD term is best for your financial goals in a lower rate environment.
Jan 22, 2025
Couple looking at laptop while sitting on sofa at home

5 CDs to consider before another Fed rate cut

As the Fed is cutting interest rates, consider these certificates of deposit (CDs)
Jan 22, 2025
Design element of a pile of cash with a illustration of a city in the background

Planning to relocate for a job? Here’s how far your paycheck goes in the 25 largest U.S. metros

That $100K salary goes a lot further in some metros than others. Here’s why.
Jan 22, 2025
young man falling out of the sky along with various household items and cash

Inflation rose again last month — here are the prices rising most

You might not feel better about inflation because prices are still up post-pandemic.
Jan 15, 2025
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What is inflation? Here’s how rising prices can erode your purchasing power

Prices rise and fall all the time in the U.S. economy. It’s not always inflation.
Jan 15, 2025
People walking back and forth in front of Capital One Bank entrance.

Capital One sued by CFPB over its high-yield savings accounts

A CFPB lawsuit claims Capital One underpaid savings account interest by $2 billion.
Jan 14, 2025
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New Year’s resolutions don’t have to break the bank. These 5 tips will keep you on budget

If your New Year’s goal is to practice self-care, use these tips to stay on budget.
Jan 14, 2025
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
Man with shopping bags

U.S. economy grew 2.6% in the fourth quarter, better than expected

The U.S. economy expanded at a slower pace in the fourth quarter of 2018, but came in well ahead of estimates.
Feb 28, 2019
Jerome Powell at Fed meeting

Fed Chair Powell grilled on stagnant wage growth in tight job market

Powell faced criticism from Democratic congressmen for his positive evaluation of the job market despite a period of slow pay gains.
Feb 27, 2019
Jerome Powell speaks at Federal Reserve

Powell justifies a ‘patient’ central bank on rate hikes during Senate testimony

Federal Reserve Chairman Jerome Powell delivered a positive assessment of the U.S. economy that nonetheless faces some risks.
Feb 26, 2019
Wall Street in New York City

Three-fourths of business economists are predicting a recession by 2021

Experts are betting that a recession will occur by the end of 2021, a new survey suggests.
Feb 25, 2019
Federal Reserve building

Fed minutes: Officials unsure on rate hikes, want plan to stop reducing balance sheet

Will the Federal Reserve raise borrowing costs two times in 2019, as it initially anticipated? That’s a question even the officials on the inside can’t answer.
Feb 20, 2019
Man relaxed smiling

Switching banks is a pain — this global movement could make it simple

It could save you time when switching accounts and even inspire you to build a bank of your own.
Jan 25, 2019

HELOCs replace cash-out refinancing for equity-rich homeowners

Cash-out refis are out, and home equity lines of credit are in.
Jan 24, 2025
Woman reaching in to the air for cash

What is inflation? Here’s how rising prices can erode your purchasing power

Prices rise and fall all the time in the U.S. economy. It’s not always inflation.
Jan 15, 2025

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

You can find a CD account that significantly out-earns the national average if you shop around among banks.
Jan 02, 2025
Hand holidng a credit ard

Credit card interest rate forecast for 2025: Rates will only fall a bit

If you have credit card debt, your interest rates are likely to remain high in 2025.
Jan 02, 2025
Home decorated for autumn

The Fed just cut interest rates again. Time to tap your home equity?

It just might be. But don’t forget the fundamentals of how home equity loans work.
Dec 19, 2024

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.
Dec 18, 2024

How does the Federal Reserve affect mortgages?

The Federal Reserve’s decisions have ripple effects, including for mortgages.
Dec 18, 2024
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.
Dec 18, 2024
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