Average rate for 12-month certificates of deposit in the U.S.
Monthly average
The line chart shows the average monthly average for certificates of deposit in the U.S. from January 2023 through January 2024.
Feb
2023
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan
2024
1.3
1.35
1.4
1.45
1.5
1.55
1.6
1.65
1.7
1.75
1.8
1.85%
2023 July
Most recent Fed
rate increase
2023 July
Most recent Fed
rate increase
2023 Dec
Most recent
Fed meeting
2023 Dec
Most recent
Fed meeting
2024
Jan
1.86%
2024
Jan
1.86%