Cd Rates 2024 Forecast Usa. The national average rate was 1.30% as of august 6, 2024, the latest data available, the. Total interest earned = $1677.40.
The average apy for this category of cd is currently 1.86%, compared to 1.73% last week. But the fed is cautioning against premature forecasts, saying it’s still prepared to raise rates if inflation.