Cd Rates 2024 Forecast. After several years of rate increases, cd rates have stayed mostly flat in 2024 with little change in the national average rates from jan. In july 2023, the federal open market committee (fomc) again raised the federal funds rate, this time to a range spanning from 5.25% to 5.50%.
What will happen to cd rates in the summer of 2024? Expectations for cd rates in 2024.