Posted inBanking and Financial Institutions Certificates of Deposit Citigroup Inc Content Type: Service Federal Deposit Insurance Corp Federal Reserve System Fidelity Investments Inflation (Economics) Marcus by Goldman Sachs Personal Finances Savings Wealthfront Inc Wells Fargo & Company
Rates on C.D.s Are Soaring, but the High Rates May Not Last
Banks are offering the promotional rates to attract deposits. But given concerns about the economy, it’s unclear how long banks will continue to reward savers.