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Bankrate’s 2025 Annual Emergency Savings Report

Banking
Over 1 in 3 people tapped emergency savings in the past year, per a new Bankrate survey.
By Lane Gillespie
12 min read
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Current CD rates for May 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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Latest articles

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Inflation rose less than expected last month, but prices remain high — here’s what might feel most expensive

You might not feel better about inflation because prices are still up post-pandemic.
May 13, 2025
Image of former St. Louis Fed president, Jim Bullard

What the former St. Louis Fed president thinks the U.S. central bank is currently getting wrong with tariffs

Powell is concerned tariffs could lead to more inflation. This former Fed official has a different view.
May 13, 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.
May 13, 2025
Focused young woman entering banking credit card information in computer application, making household payments online, booking flight tickets or hotel, purchasing goods or confirming transaction.

High-yield savings rates today: May 12, 2025 | Earn up to 4.40% APY

APYs on high-yield savings accounts remain competitive after Fed rate decision.
May 12, 2025
Woman working from home with a child in the background

The motherhood penalty: Mothers earned 35 percent less than fathers in 2024

A new Bankrate analysis shows mothers earned 31 percent less in wages than fathers in 2023.
May 09, 2025
Image of a round pink piggybank in a life raft floating on water.

Is a 2025 recession coming? Take these 5 steps to recession-proof your savings now

JPMorgan raises recession probability to 50%. Learn five practical steps to protect your savings before economic conditions worsen.
May 08, 2025
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Powell warns of higher inflation, unemployment as Fed keeps rates steady

Bankrate’s experts are reacting live to the Fed’s latest interest rate decision.
May 07, 2025
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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.
May 07, 2025
Woman watering plants.

Current CD rates for May 2025

Check out the latest CD rates from Bankrate’s weekly survey of banks and thrifts.
May 16, 2025
Financial manager meeting with couple in bank branch office

National average money market account rates for May 2025

Get the latest rates on top-yielding money market accounts.
May 16, 2025
Women using tablet

Best online checking accounts for May 2025

Online checking accounts stand out for different features. Here’s our top picks.
May 16, 2025
Piggy bank with cash overflowing

Best bank account bonuses for May 2025

Walk away with stacks of cash just for opening a checking or savings account.
May 15, 2025
Planning, finance and couple with paper and laptop for budget

Best joint checking accounts in May 2025

These joint checking accounts are ideal for sharing finances with another person.
May 15, 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.
May 15, 2025
Image by GettyImages, Illustrated by Bankrate

Here’s everything savers need to know about APY

The APY percentage shows how much an account earns per year. Here’s what you need to know.
May 13, 2025
young man falling out of the sky along with various household items and cash

Inflation rose less than expected last month, but prices remain high — here’s what might feel most expensive

You might not feel better about inflation because prices are still up post-pandemic.
May 13, 2025
Fed chair Jerome Powell makes a speech

Fed cuts interest rates by quarter point, points to uncertain next steps after Trump’s election win

The Federal Reserve cut interest rates for the second consecutive meeting but this time by a smaller quarter of a percentage point.
Nov 07, 2024
Jerome Powell, Chair of the Federal Reserve of the United States

Fed Meeting Live Updates: What comes next for the Fed’s rate cut plans?

Follow along as Bankrate’s experts break down the Fed’s next interest rate decision.
Nov 07, 2024
A voter casts his ballot.

Election Day 2024: Is your bank closing early today?

Here’s a look at what a number of popular banks are doing.
Nov 04, 2024
A woman holding a "home for sale" sign

Now that the Fed has cut rates, is it time to buy or sell a home?

Following the Federal Reserve rate cut in September, you might be asking, is it time to buy or sell a home? Here are some insights.
Oct 31, 2024
Picture of the front of the Federal Reserve building

What is a bank bailout?

A look at what a bank bailout is with some examples of notable bank bailouts from the past.
Sep 30, 2024
Fed Chair Jerome Powell speaks during a news conference

Fed lowers interest rates with surprising jumbo half-point cut

Fed officials are trying to prevent an economic slowdown from getting worse.
Sep 18, 2024
Illustration of Fed Chair Jerome Powell

September Fed Meeting Live Updates: What the Fed’s big half-point cut means for you

Tune in to Bankrate’s live coverage of the Fed’s first rate cut since 2020.
Sep 18, 2024
Design element with Jerome H. Powell chairman of the Board of Governors

September Fed meeting preview: How big will the Fed’s first interest rate cut be?

Rate cuts are coming. Just don’t call this a low-rate environment just yet.
Sep 16, 2024
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