The Federal Reserve maintained interest rates last month. CD rates are influenced by the Fed's decision. Since the Fed didn't cut rates, it's likely CD rates will hold steady in February.

CDs traditionally lack liquidity, which can be a huge drawback. If you're afraid of being stuck paying early withdrawal penalties in case of an emergency, no-penalty CDs can help you avoid that risk.

The Replacements' "Tim" and the Jayhawks' "Blue Earth" will each be newly issued on vinyl for Record Store Day 2025. (Album ...