Marcus by Goldman Sachs is offering a top 18-month CD rate of 4.35% APY as the Federal Reserve holds rates steady in 2026, giving savers a window to lock high yields before the next cut.
The Fed cut rates three times in 2025 and held in 2026; the article says now may be the last chance to lock CD rates before rates move further. If the easing cycle resumes, the 2-year Treasury yield, a proxy for Fed expectations, should drift lower and drag deposit rates with it.
The 2-year Treasury yield tracks fed funds expectations. The article notes three cuts happened in 2025 and a pause in 2026, so another cut would likely pull short-end yields lower.
Banks price CDs off their funding needs and policy expectations, so CD rates generally move with short-dated Treasury yields, though with lags and competitive variation.
The article names Marcus by Goldman Sachs as offering the top 18-month CD at 4.35% APY. The rate is a deposit-gathering tool for Goldman's consumer bank, but it also implies higher funding costs while the Fed holds rates steady. The direct stock impact is limited because the article is a rate comparison, not a demand signal.
The 4.35% APY promo is designed to attract deposits to Goldman's consumer platform, but higher funding costs offset revenue gains. The article is a rate comparison, not a signal on deposit volumes.
With the Fed holding rates after 2025 cuts, banks still compete for deposits, keeping CD rates elevated. Further easing would lower deposit costs but also reduce yields on bank assets.
The Federal Reserve has held its policy rate steady in 2026 after three cuts in 2025, keeping the top 18-month CD at 4.35% APY from Marcus by Goldman Sachs. Savers can still lock annualized yields above 4% before the next policy move, but any resumption of easing would push deposit rates lower. Online banks and credit unions continue to set the best rates on shorter terms.
The highest CD rate is 4.35% APY on an 18-month CD from Marcus by Goldman Sachs, as of Saturday, September 5, 2026.
The Fed cut rates three times in 2025 and has held in 2026. If it resumes easing, banks typically lower deposit rates, making current CD yields less available.
Most CDs compound daily or monthly. APY measures total earnings after one year including compounding; a $1,000 one-year CD at 4% APY grows to $1,040.74.