Best CD Rates December 17, 2018

The 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.