Rates on C.D.s Are Soaring, but the High Rates May Not Last

Rates on C.D.s Are Soaring, but the High Rates May Not Last

The New York Times - Business:

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.

This post first appeared in The New York Times - Business. Read the original article.