See how we rate banking products to write unbiased product reviews. A 3-month CD is a short-term CD. Banks and credit unions don't offer it as frequently as 6-month or 1-year CD terms, so you ...

This development will likely result in lower CD yields, just as the Fed’s decision to hike rates throughout 2022 and 2023 to stymie inflation led to yields increasing. While average CD rates ...