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
If you’re struggling to pay off debt and build savings, you’re not alone.
Woman watering plants.
Check out the latest CD rates from Bankrate’s weekly survey of banks and thrifts.
Savings account and money market rate forecast
Expect savings and money market account yields to slide lower, but they still should outpace inflation

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

Jerome Powell speaking. A now hiring banner in the background.
Behind the slowing economy is a Fed determined to defeat red-hot inflation.
A woman reading the label on a food item while out shopping for groceries in her local supermarket.
Here’s how to save money on groceries, utilities and other everyday purchases.
Comical image of a lady up to her eyes in a pile of cash
Find out who is affected most by financial stress by statistic and how to cope.
Businessman grabs the head concept with business chart on scoreboard
Manage money anxiety in a low rate environment with these savings strategies.
Piggy bank
Here’s how young adults can live within their means while saving for the future.
Holding up a golden piggy bank, balancing on one finger
CDs and fixed annuities can be great retirement options. Here are the differences.
young man falling out of the sky along with various household items and cash
You might not feel better about inflation because prices are still up post-pandemic.
Woman reaching in to the air for cash
Prices rise and fall all the time in the U.S. economy. It’s not always inflation.
Jerome Powell speaking. A now hiring banner in the background.
Behind the slowing economy is a Fed determined to defeat red-hot inflation.
A woman reading the label on a food item while out shopping for groceries in her local supermarket.
Here’s how to save money on groceries, utilities and other everyday purchases.
young woman looking away sitting on bed in the room
Financial anxiety – what is it and how to reduce money stress
exterior of Bank of America branch building
Knowing bank holiday schedules can help you avoid delays on necessary transactions.
Comical image of a lady up to her eyes in a pile of cash
Find out who is affected most by financial stress by statistic and how to cope.
Businessman grabs the head concept with business chart on scoreboard
Manage money anxiety in a low rate environment with these savings strategies.
Piggy bank
Here’s how young adults can live within their means while saving for the future.
Young woman withdrawing money using phone at the ATM machine on the street in Budapest in Hungary.
Here are simple steps to take to avoid paying checking account fees.
Federal Reserve chair
The Fed will most likely hold interest rates steady, but here’s how it could still impact your wallet.
Jerome Powell Fed FOMC Decision Day
The Fed voted to leave interest rates alone for the second-straight meeting.
Homes in Chicago neighborhood
Two-thirds of economists surveyed say the U.S. central bank will increase borrowing costs again in 2019.
Aerial view of shipping port
From trade worries to market volatility, pay attention to these trends in the new year.
Chairman of the Federal Reserve nominee Jerome Powell is sworn in during his confirmation hearing before the Senate Banking, Housing and Urban Affairs Committee
Learn all about Jerome Powell, who is presiding over his first FOMC policy meeting.
Placeholder image
Bankrate delivers the latest news to you.
The trusted provider of accurate rates and financial information
Wall Street Journal
Usa Today
New York Times
Cnn
Bloomberg
Abc