cd rates

By Terry Savage on November 01, 2022 | Chicken Money

Is the fed planning on raising interest rate one more time in December of this year? I was going to put a large amount from my savings into a one year cd offered by capital one at 4% but should i hold off if the rate is scheduled to go up one more time?

Terry Says

The Fed will surely raise rates TOMORROW — Wednesday! Don’t buy a CD at 4%.
Buy 6-month or 1 year Treasury bills, currently 4.5% and moving higher!

https://www.terrysavage.com/t-bills-beat-cds/

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