Reported about 5 hours ago
The article discusses the discrepancy between Fidelity's CD rates and high-yield savings account rates, with the former generally lower due to anticipated interest rate cuts by the Federal Reserve. It explains that while high-yield savings accounts offer variable rates that can drop unexpectedly, CDs provide a guaranteed rate for their term, making them potentially more secure in a declining rate environment. The key takeaway is that the choice between these accounts should depend on individual financial needs and cash flow expectations.
Source: YAHOO