Sallie Mae hikes yield on 1-year CDs as Fed stays in rate policy holding pattern

As the market awaits expected Fed rate cuts, one consumer finance company has raised the APY on its one-year certificates of deposit.

Jun 13, 2024 - 11:00
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Sallie Mae hikes yield on 1-year CDs as Fed stays in rate policy holding pattern
As the market awaits expected Fed rate cuts, one consumer finance company has raised the APY on its one-year certificates of deposit.