What's the CD account interest rate forecast for May 2026?

MoneyWatch: Managing Your Money What's the CD account interest rate forecast for May 2026? Experts weigh in 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 Aly J Yale Aly J Yale Aly J. Yale is a contributing writer for the Managing Your Money section for CBSNews.com, covering various personal finance topics, including investing, homebuying, loans and more. Read Full Bio Aly J Yale April 29, 2026 / 12:54 PM EDT / CBS News Add CBS News on Google Knowing where CD account interest rates may be heading is critical for savers looking to lock in the highest return possible now. Getty Images/iStockphoto Interest rates have been high for a while now, and though that's unfortunate news for consumers needing to borrow cash, for savers, it's a boon. It's particularly beneficial for those willing to leave their cash untouched in a certificate of deposit (CD) account (CD), as these products allow you to lock in today's rates for months or even years at a time. Still, interest rates aren't set in stone, and while today's CD rates might look good, that doesn't mean tomorrow's will. With a variety of economic factors at play that can impact the interest rate climate and, thus, the returns savers can secure with a CD, it may be worth pausing to first understand where CD interest rates are actually heading this May. We spoke with a few experts for their thoughts on what is on the horizon. Start earning more interest on your money with a CD account here.What's the CD account interest rate forecast for May 2026?Predicting the movement of CD account interest rates can be hard to do with precision. Here's what can happen this May and the reasons behind those movements (or lack thereof), according to the experts we spoke with:Why CD interest rates could remain steadyIn the short term, many experts t...