Are CD rates going up or down in 2026?

A certificate of deposit (CD) allows you to set aside your cash in an ultra-low-risk account while earning a guaranteed return for several months or years. Until recently, savers enjoyed the highest CD interest rates in nearly two decades. However, after the Federal Reserve began a series of cuts to the federal funds rate in 2024 and 2025, those sky-high rates have been on the decline. If you’re looking to grow your savings in 2026, you may be wondering if CD rates will hold steady, continue dropping, or ...