
Economy
Top CD Rate Rises as Fed Holds
The Fed held rates steady, but the top CD rate still climbed to 4.50% this month. Here's why bank competition, not the Fed, drives today's best deposit offers.
Eli Castillo focuses on the insurance side of financial planning, translating complicated health and life coverage options into plain language. His approach is conversational and patient, often using everyday scenarios to illustrate how deductibles, premiums, and policy terms actually affect a person's wallet. Eli enjoys unpacking open enrollment decisions and benefits comparisons, giving readers practical tools to avoid overpaying while still getting coverage that fits their needs.
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The Fed held rates steady, but the top CD rate still climbed to 4.50% this month. Here's why bank competition, not the Fed, drives today's best deposit offers.