After the Feds cut the discount rate to 5.75% we feel that the banks will play it safe on the CD rates especially the long term ones. This is a good time to lock in the CD rates, especially if you are looking to invest in CDs for a year or more. The short term CD rates (3 months, 6 months) are competitive. A probable cause might be the fact that more people are interested in these products so the
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