Should You Open a CD Before the May Fed Meeting? Experts Weigh In

The Federal Reserve has paused rate hikes this year, keeping CD rates relatively high, but it's uncertain whether this will continue after the May meeting. CFP Board Ambassador Jasmine Ball, CFP® expects the Fed to maintain a "wait and see" approach due to market volatility and inflation concerns, which may lead to a decline in CD rates if rate cuts are expected later this year.

Read more at CBS News