**CD Rates in Flux: Act Now to Lock In a High APY**

As the Federal Reserve considers a potential rate cut, certificate of deposit (CD) rates are plummeting. According to CNET Money's latest analysis, banks have been slashing CD rates across terms, with some top rates now available at 5.30%. Experts warn that delays may result in lower returns, making it crucial to act quickly.

Source: https://www.cnet.com/personal-finance/cd-rates-today-august-9-2024/#ftag=CAD590a51e