12 Month and 1 Year Certificate of Deposit Rates
This type of investment is popular in the United States as a short term fixed investment, with short term can be considered an investment period of 1 year or less. It is also considered a low risk and liquid investment as returns are fixed and the amount able to be retrieved when required in an emergency(although pulling amounts before maturity may involve a penalty on interest).
In the United States where the Federal Reserve or 'Fed' sets interest rates, a certificate of deposit set by a bank may rise and fall depending on various factors such as future inflation expectations which can influence the the Federal Reserve policy decisions.