Top CD yields remain above 4% as Fed policy stays uncertain

Some banks are still offering annual percentage yields above 4% on certificates of deposit as the outlook for Federal Reserve policy remains unclear and inflation stays elevated. The article notes that investors began 2026 expecting rate cuts, but stronger inflation data and market pricing have shifted expectations toward a possible rate hike later in the year. In response, banks have adjusted deposit products, with some lowering savings account rates while raising CD rates. For savers willing to lock up money for a set term, the piece highlights several 1year and near1year CDs with yields around 4% or higher, including offers from Bread Financial, Citi, Popular Direct, Synchrony, and Happen Bank. It also warns that early withdrawals from CDs usually trigger penalties.