Multiple long-term CDs offer an annual percentage yield (APY) that outpaces inflation right now. For example, it's relatively easy to find long-term CDs with at least a 4% APY at today's rates.
Yet both measures have largely become stuck at the levels reached last summer, when a retreat in inflation largely stalled ...
Bad news about the US economy travels fast. But examples of a slowing economy are potentially being blown out proportion.
for example – also indicated that the Personal Consumption Expenditures might come in softer than traders had feared. The PCE, set to be released Feb. 28, is the Fed’s main inflation gauge.
Understanding the relationship between savings/CD rates and inflation can help you maximize your interest earnings. Here’s ...