![]() The Federal Reserve's next rate-setting meeting isn't for more than five weeks, and it's uncertain whether the central bank will nudge interest rates still higher this year, or opt to hold them steady.The longest duration on which you can earn at least 5.00% remains three years, with a rate of 5.13% APY, or four years at 5.12% APY if you have a jumbo-sized deposit.The top rate you can earn on 1-year CDs and 2-year CDs both increased today, while the leading rate in the 6-month term declined.The number of "Benchmark Leader" CDs, which pay at least 5.50% APY, jumped by three new options today, boosting the count to 25 from 22.For weeks, the leading nationwide rate had been 5.75% APY and on much shorter terms. A new CD took the overall crown today in our daily ranking of the best CD rates, offering 5.90% APY on a 2-year term.
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