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What Is the Average CD Interest Rate?

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by Answerbag Staff on July 30th, 2009

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    Professionally Researched. (What's this?)

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    Jul 30th, 2009 The average CD interest rate was 1.19% on a 12-month CD in June 2009, according to national surveys by BankRate.com. This was a drop from the national average of 2.17% in December 2008.

    Source: http://www.bankrate.com/finance/federal-reserve/what-moves-cd-rates.aspx

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