Historical CD Rates: 1980-2023 – Forbes Advisor
https://www.forbes.com/advisor/banking/cds/historical-cd-rates/
Average CD Rates from 1980 to 2023CD Rates from 1980 to 1989CD Rates from 1990 to 1999CD Rates from 2000 to 2009CD Rates from 2010 to 2019CD Rates Since 2020Why Are CD Rates High? In 2020, rates remained low. As recently as 2021, large national banks were still paying rates below 0.30% on CDs, while many online banks were offering competitive CD rates close to the national rate cap. Beginning in April 2022, the effective federal funds rate rose dramatically, from 0.33% in April to 3.08% in October. As lending rates increased...
In 2020, rates remained low. As recently as 2021, large national banks were still paying rates below 0.30% on CDs, while many online banks were offering competitive CD rates close to the national rate cap. Beginning in April 2022, the effective federal funds rate rose dramatically, from 0.33% in April to 3.08% in October. As lending rates increased...
DA: 91 PA: 4 MOZ Rank: 95 Up or Down: Up