CD Rate Trends, Week of August 8, 2022: Rates inch up - Investopedia


8/9/2022 12:00:00 AM2 years 8 months ago
by Sabrina Karl

The top nationwide rate climbed higher in a few CD terms this week, while other terms held steady.

In the second week after the Fed's announcement of another major rate hike, CD rates have inched higher in some terms. Movement in 1-year and 5-year certificate of deposit (CD) rates was modestly up,… [+5146 chars]

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