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.
Savings account and money market rate forecast

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

Female hand inserting bank card into ATM
Female patient paying with credit card at doctor's office front desk
Illustration of worker juggling dollar bills over a background of a line signifying rising inflation
An attractive African American female creates content with a video camera in a bright office.
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
Bankrate writer Karen Bennett and editor Marc Wojno pose in a selfie at the Money 20/20 conference in Las Vegas.
Turtle with shopping bag
Federal Reserve Eccles Building illustration
The Treasury building.
Female hand inserting bank card into ATM
Financial manager meeting with couple in bank branch office
Woman watering plants.
Whimsical illustration of a hand putting a quarter into a miniature but realistic high end safe. As if it were a piggy bank
Female patient paying with credit card at doctor's office front desk
Illustration of worker juggling dollar bills over a background of a line signifying rising inflation
Young Woman Checking Her Finances At Home
Federal Reserve Chairman Jerome Powell hosts news conference following interest-rate decision.
Fed Chairman Jerome Powell speaks to journalists at a June 19 press conference
Signs in the window of a Sears store advertise its closing.
The Federal Reserve Eccles Building in Washington, D.C.
Federal Reserve Chairman Jerome Powell speaks to journalists at a news conference following the Fed's June 19 interest rate decision.
Federal Reserve Eccles Building
Traders work after the opening bell at the New York Stock Exchange
Federal Reserve Chair Jerome Powell at a press conference
The trusted provider of accurate rates and financial information
Wall Street Journal
Usa Today
New York Times
Cnn
Bloomberg
Abc