Prediction For Cd Rates 2024. The fed last raised interest rates in july 2023 and is expected to cut rates later. But all told, we should see at least one rate cut in 2024, which means cd rates are likely to drop before the year comes to an end.

We spoke with experts and looked at the data to see where cd rates are likely to go throughout the rest of 2024. I nflation has been higher than the 2% target rate for years now, forcing the federal reserve to raise interest rates.

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[BKEYWORD03], I nflation has been higher than the 2% target rate for years now, forcing the federal reserve to raise interest rates.