How much interest can a 2-year CD earn if opened this June?
Inflatie
Two years can be a long time in any economic climate, but especially so in the unique one millions of Americans find themselves in this June. In June 2024, for example, the Federal Reserve hadn't cut interest rates at all that year. But by the end of the year, they had issued three cuts. And then cut rates another three times in 2025. Now, however? Interest rate hikes are back in play. Inflation , meanwhile, after gradually declining in 2024 and 2025, is now back to its highest level since May
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