3 CD account moves savers should make before the June Fed meeting
Savers are encouraged to prepare for potential changes in certificate of deposit (CD) interest rates ahead of the upcoming Federal Reserve meeting in June. With interest rates likely to rise after the meeting, it is crucial for savers to shop for high-rate CD accounts now. By determining deposit amounts and preparing funds in advance, savers can position themselves to take advantage of better rates immediately following the meeting.
- ▪Savers should start shopping for high CD interest rates online before the June Fed meeting.
- ▪Interest rates on CDs may rise after the meeting, making it important to act quickly.
- ▪Savers should determine how much they can comfortably deposit and prepare their funds in advance.
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MoneyWatch: Managing Your Money 3 CD account moves savers should make before the June Fed meeting We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. .chip { background-image: url('/fly/bundles/cbsnewscore/images/chip-bgd/chip-bgd-moneywatch.jpg'); } By Matt Richardson Matt Richardson Sr. Managing Editor, Managing Your Money Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com. He writes and edits content about personal finance ranging from savings to investing to insurance. Read Full Bio Matt Richardson May 29, 2026 / 11:20 AM EDT / CBS News Add CBS News on Google Savers should start shopping for high CD interest rates online now, before the June Fed meeting commences.
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