Cash investors may be at ‘the top of the mountain.’ Here’s when 5% CDs could end.

The Federal Reserve just held off on another interest-rate hike, and the race is on for people trying to get the tip-top yields on their cash.

Since March 2022, the central bank has been on a parade of interest-rate increases to quell inflation. The target range for the Fed’s key interest rate now sits at 5.25% – 5.50%, the highest it’s been in two decades. The Fed paused once before in June and raised another 25 basis points in July.

The…