Best CD Rates December 17, 2018

Best CD Rates December 17, 2018The best CD rates for December 17 are moving higher in anticipation of another fed funds rate increase on Wednesday. The best 1 year CD rates are currently at 2.86 percent, only 14 basis points below 3.00 percent. 1 year CD rates might hit 3.00 percent before the end of 2018 if the Fed increases the fed funds rate. The last time 1 year CD rates were at 3.00 percent or higher was almost a decade ago before the Great Recession. The best 2 year CD rates are already over 3.00 percent at 3.06 percent. 2 year CD rates could possibly hit 3.20 percent to 3.25 percent before the end of 2018. Compare the best CD rates before investing in a CD account.

Author: Brian McKay
December 17th, 2018

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