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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
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

“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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Principal U.S. Economy Reporter

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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
Cropped shot of a businessman using his computer in his home office

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
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
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
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6 tips to set (and hit) your savings goals

If you’re looking to become a better saver, here are some tips for setting savings goals.
Jan 24, 2025
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The best credit unions of 2025

These credit unions offer great rates and top-notch features — and many make it easy to join.
Jan 24, 2025
Happy woman reacting to news from her laptop

5 ways to grow your savings with automatic transfers

Here are five ways automatic transfers can make growing your savings easy.
Jan 24, 2025
Smiling young woman with smartphone walking on the street

Zelle limits at top banks

Looking to use Zelle for a transfer?Here are the Zelle limits at various banks.
Jan 24, 2025
A person takes a picture of a check.

What is mobile check deposit and how to use it

Depositing a check using a smartphone is easy and can save you a trip to the bank.
Jan 24, 2025
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Best money market accounts with no minimum balance

You don’t need a big balance to qualify for a high-yield money market account.
Jan 24, 2025
man using an ATM machine

8 banks that reimburse ATM fees

ATM fees can be nuisance that add up. Here are eight banks that don’t reimburse them.
Jan 23, 2025
Whimsical illustration of a hand putting a quarter into a miniature but realistic high end safe. As if it were a piggy bank

What is the average interest rate for savings accounts?

Comparing savings rates can ensure you get the best return on your savings.
Jan 23, 2025
Federal Reserve chair

3 things to watch for at the Fed’s April-May meeting

The Fed will most likely hold interest rates steady, but here’s how it could still impact your wallet.
Apr 26, 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
Homes in Chicago neighborhood

Economists survey: Expect the Fed to hike again in 2019, but mortgage rates won’t take off

Two-thirds of economists surveyed say the U.S. central bank will increase borrowing costs again in 2019.
Mar 06, 2019
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5 economic issues to watch closely in 2019

From trade worries to market volatility, pay attention to these trends in the new year.
Dec 20, 2018
Chairman of the Federal Reserve nominee Jerome Powell is sworn in during his confirmation hearing before the Senate Banking, Housing and Urban Affairs Committee

Meet Jerome Powell, the new chair of the Federal Reserve

Learn all about Jerome Powell, who is presiding over his first FOMC policy meeting.
Mar 21, 2018
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