In a period of high inflation, certificates of deposit (CDs) can lose purchasing power, making them a poor investment.
Savers Pile Money Into Bank CDs as Rates Top 5% - WSJ
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How much money should I put in a CD?
Want To Find A Savings Account Or CD That Beats Inflation? It's
Some CDs are now paying 5% or more, but pros say don't count on
Inflation, Asset Protection
Do CDs Make Sense in a Rising Inflation Environment?
Now May Be the Time to Lock In High Interest Rates on Your Savings
Top CD Rates Today: Jan. 2, 2024 — APYs Remain High In The New
The History of CD Rates: From 1984 to 2023
Analysis: Assessing Inflation's Impact
Rising Interest Rates: How They Impact Your Finances
Do CDs *ever* keep up with inflation?