CD Rates Remain High as Fed Holds Steady Amid Inflation Concerns

Despite recent inflation data, CD rates continue to offer attractive returns, with top rates reaching up to 5.60% APY.

Leading CD rates range from 5.40% to 5.60% APY, providing lucrative options for savers.
Short-term 9-month CDs offer competitive rates, with the best yielding up to 5.27% APY.
The Federal Reserve maintains current interest rates, influencing steady high CD rates.
Inflation data shows a rise, complicating potential rate cuts by the Fed.
Financial experts advise locking in current high rates to hedge against future decreases.