In 2022 - the year the Fed started hiking rates - net interest and miscellaneous payments for nonfinancial U.S. corporations began a steep decline, possibly because they started earning more on their ...

CD rates are often impacted by changes in the federal funds rate. The Federal Reserve has a committee that holds meetings where members discuss potential changes to the federal funds rate.

It's helpful to keep track of Fed meetings so you know when the Federal Reserve may potentially implement changes. There are eight meetings scheduled per year, with the potential for more if needed.