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The Apex Blog

Financial Insights and Our Latest Thoughts

CBS News: Will CD interest rates rise in March? Here's what some experts think Thumbnail

CBS News: Will CD interest rates rise in March? Here's what some experts think

Stubbornly high inflation has led the Federal Reserve to maintain elevated interest rates in recent meetings, affecting consumers seeking loans for housing or cars but benefiting those opening certificate of deposit (CD) accounts. However, the Fed has hinted at potential rate cuts in 2024, with uncertainty surrounding the timing, possibly starting at the upcoming March meeting.

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