Decisions made at the Federal Reserve's new meeting and other factors could influence CD interest rates this June.

Policymakers judged the risks of both higher unemployment and inflation had risen since their previous meeting, primarily due to the potential impact of tariffs.

The Fed’s 2026 projections range from 2.9% to 4.1% compared with the previous 2.4% to 3.9% range. Market expectations: Traders have placed low probabilities on the Fed cutting rates at the June or July meetings,

The Fed minutes helped buoy the 2-year and 10-year Treasury yields, which ended the day at 3.99% and 4.475%, respectively. AVGO is also one of Kiplinger's favorite dividend-paying stocks, having increased its payout for the past 11 years.

Specifically, Nvidia ( NVDA 3.07%) will announce its first-quarter financial results after the market closes on Wednesday, May 28, and the Federal Reserve will publish the minutes from its May meeting earlier that same day. Then the Commerce Department will release PCE inflation and consumer spending data for April on Friday, May 30.