Will CD rates go up in 2025? This is a question that many people are asking, especially in light of the recent interest rate hikes by the Federal Reserve. CD rates have been trending down for years, so a reversal of this trend would be a significant development.
There are a number of factors that could lead to higher CD rates in 2025. One is the Federal Reserve’s plan to continue raising interest rates. Another is the increasing demand for CDs from investors seeking safe and stable returns. Finally, the global economic outlook could also play a role, as higher inflation and economic uncertainty could lead to increased demand for CDs.