Lock in High Savings and CD Rates Before Potential Fed Rate Cuts

With the Federal Reserve expected to cut rates soon, now is the time to secure top returns on savings and CDs.

Current high-yield savings accounts offer up to 5.55% APY, the highest in 20 years.
Certificates of deposit (CDs) provide fixed rates up to 6.00% APY for terms as short as 10 months.
The Federal Reserve has held rates steady but may cut as early as September, affecting future returns.
Digital banks and online-only accounts lead in offering the best rates with low or no minimums.
Consider locking in multi-year CD rates to benefit from today's high returns before they drop.