3 CD account moves savers should make before the June Fed meeting

MoneyWatch: Managing Your Money 3 CD account moves savers should make before the June Fed meeting We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. .chip { background-image: url('/fly/bundles/cbsnewscore/images/chip-bgd/chip-bgd-moneywatch.jpg'); } By Matt Richardson Matt Richardson Sr. Managing Editor, Managing Your Money Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com. He writes and edits content about personal finance ranging from savings to investing to insurance. Read Full Bio Matt Richardson May 29, 2026 / 11:20 AM EDT / CBS News Add CBS News on Google Savers should start shopping for high CD interest rates online now, before the June Fed meeting commences. Phakphoom/phattharachai Rattanachaiwong/Getty Images June 17. That's when the next Federal Reserve meeting will conclude. And millions of Americans will be focused on what does and doesn't happen in that meeting, which will be led for the first time by new chairman Kevin Warsh. While an interest rate cut at the meeting is widely unexpected, comments made at the conclusion of the two-day conference will give savers and borrowers an approximate idea of what to anticipate in the interest rate climate moving ahead.For savers, in particular, the time leading up to this meeting should be used strategically. Interest rates on an account like a certificate of deposit (CD) can and likely will rise once the meeting has concluded. While that uptick is expected to be marginal, it can contribute to greater returns on your money, so it's critical that you're positioned to take advantage if that dynamic becomes a reality. To better ensure CD account success, it helps to know a few timely moves to make right now, before the June Fed meeting even begins. Below, we'll detail three moves to strongly consider making.Start by seeing how much interest you could be earning with a high-rate CD accoun...