Top 3 online banks will reduce CD rate hikes by Q1 2027

As the Fed eventually cuts rates, competition for deposits may ease, leading online banks to reduce CD rate increases. The article implies that current rate hikes are driven by temporary factors like loan demand and Fed inaction. Online banks (e.g., Ally, Capital One, Discover) are likely to adjust first due to their deposit-heavy models.

Implied probability (Yes)

60%